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 …

: 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 …

INVENTORY definition: a complete listing of merchandise or stock on hand, work in progress, raw materials, finished goods on hand, etc., made each year by a business concern. See …

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 …

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

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.

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