: a list of traits, preferences, attitudes, interests, or abilities used to evaluate personal characteristics or skills. Noun We made an inventory of the library's collection. The dealer …

Oct 11, 2025 · Inventory is the vital assets a company has in production and in goods produced that are available for sale. Inventory encompasses raw materials, work-in-progress (WIP), and …

Inventory (British English) or stock (American English) is a quantity of the goods and materials that a business holds for the ultimate goal of resale, production or utilisation. [nb 1] Inventory …

Jan 6, 2025 · As an accounting term, inventory is a current asset and represents the value of goods a company holds for sale or use. While having enough on hand is essential, excess …

INVENTORY meaning: 1 : a complete list of the things that are in a place; 2 : a supply of goods that are stored in a place

The inventory of a business is the amount or value of its raw materials, work in progress, and finished goods. Second-quarter growth slowed because distributors had too much inventory.

May 25, 2025 · Inventory is an asset that is intended to be sold in the ordinary course of business. It is comprised of raw materials, work-in-process, and finished goods.

INVENTORY definition: 1. a detailed list of all the things in a place: 2. the act of counting of all the goods…. Learn more.

Definition of inventory noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

Jan 22, 2025 · Inventory refers to a business’s currently held supply of raw materials and finished goods. There are two primary categories of inventory: Businesses use inventory to turn a …