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1

inventory

play
noun in·ven·to·ry \ˈin-vən-ˌtȯr-ē\

Simple Definition of inventory

  • : 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

Source: Merriam-Webster's Learner's Dictionary

Full Definition of inventory

plural

inventories

  1. 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. 2 :  survey, summary

  3. 3 :  the quantity of goods or materials on hand :  stock

  4. 4 :  the act or process of taking an inventory

inventorial

play \ˌin-vən-ˈtȯr-ē-əl\ adjective

inventorially

play \-ē-ə-lē\ adverb

Examples of inventory in a sentence

  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 and Etymology 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


2

inventory

verb in·ven·to·ry

Simple Definition of inventory

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

Source: Merriam-Webster's Learner's Dictionary

Full Definition of inventory

inventoried

inventorying

  1. transitive verb
  2. :  to make an inventory of :  catalog


INVENTORY Defined for Kids

1

inventory

play
noun in·ven·to·ry \ˈin-vən-ˌtȯr-ē\

Definition of inventory for Students

plural

inventories

  1. 1 :  a supply of goods <Inventory is low.>

  2. 2 :  a list of items (as goods on hand)

  3. 3 :  the act or process of making a list of items




2

inventory

play
verb in·ven·to·ry

Definition of inventory for Students

inventoried

inventorying

  1. :  to make a complete list of <Store workers inventoried the stock.>




Medical Dictionary

inventory

play
noun in·ven·to·ry \ˈin-vən-ˌtōr-ē, -ˌtȯr-\

Medical Definition of inventory

plural

inventories

  1. 1:  a questionnaire designed to provide an index of individual interests or personality traits

  2. 2:  a list of traits, preferences, attitudes, interests, or abilities that is used in evaluating personal characteristics or skills




Law Dictionary

inventory

play
noun in·ven·to·ry \ˈin-vən-ˌtōr-ē\

Legal Definition of inventory

plural

inventories

  1. 1 :  an itemized list of current assets: as a :  a written list or catalog of the property of an individual, organization, or estate or succession that is made by a fiduciary under oath and that usually describes and assigns a value to the items or classes of property b :  aggregate value assigned to an inventory

  2. 2 :  goods or materials held on hand: as a under the Bankruptcy Code :  materials including personal property leased or furnished, held for sale or lease, or to be furnished under a contract for service, raw materials, work in process, or materials used or consumed in a business held for sale or lease b under section 9-109 of the Uniform Commercial Code :  goods that are leased by a person as lessor, that are held by a person for sale or lease or to be furnished under a contract of service or are furnished under a contract of service, or that are raw materials, works in process, or materials used or consumed in a business





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