base stock method
nounDefinition of base stock method
: an accounting method of valuing inventories by carrying on the books a minimum quantity of a commodity at the same low fixed price from year to year and valuing the quantity in excess of the minimum at a separate price which is usually the lower of cost or market value — compare last in , first out
Keep scrolling for more
Comments on base stock method
What made you want to look up base stock method? Please tell us where you read or heard it (including the quote, if possible).
Test Your Vocabulary
Words from Greek and Roman Mythology Quiz
-
- Boreal comes from the name of the ancient Greek god of which wind?
Test your visual vocabulary with our 10-question challenge!
TAKE THE QUIZ
Test Your Knowledge - and learn some interesting things along the way.
TAKE THE QUIZLove words? Need even more definitions?
Merriam-Webster unabridgedWords at Play
Ask the Editors
Word Games
-
Words from Greek and Roman Mythology Quiz
A mythological/etymological mashup!
Take the quiz -
Great Scrabble Words—A Quiz
Words to improve your Scrabble game
Take the quiz -
Name That Thing
Test your visual vocabulary with our 10-question challenge!
Take the quiz -
SCRABBLE® Sprint
SCRABBLE® fans, sharpen your skills!
Play the game
Share base stock method
Resources for base stock method