Inventory

Definition

  • A detailed list of all goods and materials in stock that is compiled at regularly scheduled intervals over the operating year.
  • The amount of goods and raw materials in stock and ready for sale.

Synonyms
merchandise, stock, goods

Related Terms and Acronyms

  • Business (busn) Abbreviation,
    • A company, either for-profit or non-profit.
    • Commercial, industrial or professional activities undertaken by an entity.
    • Economic activities of a given type.
  • Business Insurance Definition,
    • An umbrella term for insurance that covers various losses that may arise due to the operation of a business.
  • Cost of Goods Sold (COGS) Acronym,
    • An expense that appears on a business's income statement and represents the inventory cost of the goods sold during a particular period.
  • Insurance Claim Definition,
    • An application for benefits made by an insurance policyholder after an insured event.
  • Listing Inventories Definition,
    • The dwellings for sale in a given market.
  • Property Insurance Definition,
    • Insurance that provides coverage for damages to property from a number of perils.
  • Value Reporting Form Definition,
    • A form used to keep track of a business's current inventory value.
  • Waiver of Inventory Definition,
    • An option for an insurance company to choose not to inventory undamaged assets after a claim.
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