Dictionary

inventory

1inventory

noun in·ven·to·ry \ˈin-vən-ˌtr-ē\

: a complete list of the things that are in a place

: a supply of goods that are stored in a place

: the act or process of making a complete list of the things that are in a place : the act or process of making an inventory

plural in·ven·to·ries

Full Definition of INVENTORY

1
a :  an itemized list of current assets: as (1) :  a catalog of the property of an individual or estate (2) :  a list of goods on hand
b :  a survey of natural resources
c :  a list of traits, preferences, attitudes, interests, or abilities used to evaluate personal characteristics or skills
2
3
:  the quantity of goods or materials on hand :  stock
4
:  the act or process of taking an inventory
in·ven·to·ri·al \ˌin-vən-ˈtr-ē-əl\ adjective
in·ven·to·ri·al·ly \-ē-ə-lē\ adverb

Examples of INVENTORY

  1. We made an inventory of the library's collection.
  2. The dealer keeps a large inventory of used cars and trucks.
  3. Inventories at both stores were low.
  4. How can a small business afford to keep so much inventory?
  5. We'll be doing inventory on the collection soon.

Origin of INVENTORY

Middle English inventarie, inventorie, from Anglo-French inventaire, inventorie, from Latin inventarium, from inventum thing found, topic, neuter of inventus
First Known Use: 15th century

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

2inventory

verb

: to make a complete list of (the things in a place) : to make an inventory of (something)

inventoriedinventory·ing

Full Definition of INVENTORY

transitive verb
:  to make an inventory of :  catalog

Examples of INVENTORY

  1. We'll be inventorying the collection soon.
  2. <would you inventory the supplies in the back room?>

First Known Use of INVENTORY

1602

Related to INVENTORY

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

inventory

noun in·ven·to·ry \ˈin-vən-ˌtōr-ē, -ˌtr-\   (Medical Dictionary)
plural in·ven·to·ries

Medical Definition of INVENTORY

1
:  a questionnaire designed to provide an index of individual interests or personality traits
2
:  a list of traits, preferences, attitudes, interests, or abilities that is used in evaluating personal characteristics or skills

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March 05, 2015
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