Inventory
volume
British pronunciation/ˈɪnvəntɹˌi/
American pronunciation/ˌɪnvənˈtɔɹi/

Definition & Meaning of "inventory"

Inventory
01

a detailed list or record of all the items or goods in stock or on hand within a particular location, organization, or system

02

the merchandise that a shop has on hand

03

a collection of resources

04

the value of goods and materials that a business holds for the purpose of resale or production

05

making an itemized list of merchandise or supplies on hand

to inventory
01

make or include in an itemized record or report

example
Example
examples
The inventory manager posted transactions related to purchases and sales to the Inventory Control account in the ledger.
Store managers conducted regular inventory checks to identify any pilfered items.
The store is offering rock-bottom prices on all clearance items to clear out inventory quickly.
The retail store's line management team monitors inventory levels and ensures shelves are stocked to meet customer demand.
The store receives new deliveries day by day to keep their inventory fresh.
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