ullage

Meaning:
spillage or leakage: the amount of liquid that is lost from a container in shipping or storage.

Etymology:
< Old French ouillage < ouiller "to fill up" < ouil "eye", "bunghole" [the hole in a barrel through which liquid is poured in or out] < Latin oculus "eye"

Related words:

Other words from oculus are inoculate [inoculare "engraft" < oculus "eye", "bud"] and inveigle [from ab-oculus "blind"]

Also from the same root, English eye, Greek opsis > autopsy, synopsis, etc.

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