Heat shrink (heatshrink or heat-shrink) is referring to a material used to connect two pieces of conductor together.
The material shrinks to fit when heat is applied.
Likewise, heatshrink refers to an insulated sleeving which contracts on heating. It can be used to increase the diameter of a cable.
Ref: 124116/2006-09-19
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Heat (Heat is Form of kinetic energy that flows from ...)