inventory

noun
in·​ven·​to·​ry | \ ˈin-vən-ˌtȯr-ē How to pronounce inventory (audio) \
plural inventories

Definition of inventory

 (Entry 1 of 2)

1a : an itemized list of current assets: such as
(1) : a list of goods on hand
(2) : a catalog of the property of an individual or estate
b : a list of traits, preferences, attitudes, interests, or abilities used to evaluate personal characteristics or skills
c : a survey of natural resources
2 : the quantity of goods or materials on hand : stock
3 : the act or process of taking an inventory

inventory

verb
inventoried; inventorying

Definition of inventory (Entry 2 of 2)

transitive verb

: to make an inventory of : catalog

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Other Words from inventory

Noun

inventorial \ ˌin-​vən-​ˈtȯr-​ē-​əl How to pronounce inventory (audio) \ adjective
inventorially \ ˌin-​vən-​ˈtȯr-​ē-​ə-​lē How to pronounce inventory (audio) \ adverb

Synonyms for inventory

Synonyms: Noun

Synonyms: Verb

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Examples of inventory in a Sentence

Noun We made an inventory of the library's collection. The dealer keeps a large inventory of used cars and trucks. Inventories at both stores were low. How can a small business afford to keep so much inventory? We'll be doing inventory on the collection soon. Verb We'll be inventorying the collection soon. would you inventory the supplies in the back room?
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Recent Examples on the Web: Noun This, after low inventory and high demand pent up from a two-month shut down on real estate transactions in March and April led to unprecedented home sales throughout 2020. Christen Smith, Washington Examiner, "Analysis ranks Pennsylvania capital region as 2021's 7th strongest housing market," 28 Dec. 2020 While the housing market was a strong spot for the economy in the spring and summer, pending home sales dropped in October and are expected to fall again in November, by 0.3% from the prior month, amid rising home prices and low inventory. Wsj Staff, WSJ, "Economic Week Ahead: U.S. Home Sales, Jobless Claims," 27 Dec. 2020 For shoppers, expect fewer year-end promotions because retailers have accumulated low inventory this year. Fortune, "Holiday retail sales rose 3%, driven by online shoppers," 26 Dec. 2020 The number of houses sold in Lake and Porter counties in October soared by 30% and almost 40%, respectively, compared to the same month last year while median sale prices also made double-digit gains, despite the COVID-19 pandemic and low inventory. Karen Caffarini, chicagotribune.com, "Lake, Porter housing sales continue upswing," 10 Dec. 2020 There could be some hope for holiday shoppers, though: Sony vowed in a tweet that more inventory would arrive at retailers before year-end. Aimee Picchi, CBS News, "Will there be another PlayStation 5 and Xbox restock at retailers this year?," 4 Dec. 2020 In the Superior area, low inventory has not stopped sales from increasing over 2019, according to Lake Superior Area Realtors, and prices rose 10% to a median sale price of $165,000 in October. Brooks Johnson, Star Tribune, "Duluth home prices hit new record as market stays hot," 1 Dec. 2020 Many experts say the factors that have pushed up prices will likely continue for the rest of the year, especially low inventory. Phillip Molnar, San Diego Union-Tribune, "San Diego home prices going up 3rd fastest in nation at rates not seen since 2014," 24 Nov. 2020 Breen, a longtime real estate agent, said the heat in the market is being fueled by the low inventory, or the number of properties for sale. Kenneth R. Gosselin, courant.com, "Connecticut home sales heat up as New Yorkers flee and at-home workers look for more space. This summer’s real estate boom may just be the beginning.," 4 Sep. 2020 Recent Examples on the Web: Verb Laura Hancock reports defense teams would look at the data, inventory their assets and act. Cliff Pinckard, cleveland, "Householder aide, lobbyist plead guilty in House Bill 6 corruption investigation: The Wake Up for Friday, Oct. 30, 2020," 30 Oct. 2020 The number of properties listed on the market increased again in October but the region still lacks inventory to meet demand, the Greater Milwaukee Association of Realtors said. Sarah Hauer, Milwaukee Journal Sentinel, "Metro Milwaukee home sales up double digits again in October," 12 Nov. 2020 The city has yet to inventory damage to grave markers, many of which mark the resting place of some of the state’s earliest emigrant settlers. Leia Larsen, The Salt Lake Tribune, "City surveys damage winds heaped on top of cemetery’s already crumbling infrastructure," 19 Sep. 2020 June statistics show new listings down 5.6%, closed sales down 21.8%, inventory down 30.3%, and median home sales up 2.8%, and the rise of pending home sales up 2.2% indicating the potential for a later summer/early fall market this year. Melissa Rolland, courant.com, "5 tips for today’s market," 20 Aug. 2020 Since then, the group has worked to inventory and protect antiquities, and gone undercover at antique markets abroad looking for looted artifacts. Jenna Scatena, The Atlantic, "The Looting Network," 31 July 2020 Secretary of State Frank LaRose, a Republican, has ordered local boards of elections to inventory their poll worker commitments by Aug. 1 and, if necessary, make contingency plans if there’s a shortage that forces them to close polling places. Andrew J. Tobias, cleveland, "Coronavirus could prompt poll worker shortage, long Election Day lines in Ohio this November," 9 July 2020 Six weeks before the cases multiplied at the Southeast nursing home, MIH director Andrew Estrada said, his crews had already begun to inventory every nursing home in the county and seek their cooperation in testing for the virus. Bruce Selcraig, ExpressNews.com, "San Antonio, still at high risk for COVID-19 deaths, has seen a lower rate than many U.S. urban centers," 22 June 2020 This required a tremendous amount of inventorying and record keeping. New York Times, "Motoko Fujishiro Huthwaite," 8 May 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'inventory.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of inventory

Noun

15th century, in the meaning defined at sense 1a

Verb

1602, in the meaning defined above

History and Etymology for inventory

Noun

Middle English inventarie, inventorie, from Anglo-French inventaire, inventorie, from Latin inventarium, from inventum thing found, topic, neuter of inventus

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Time Traveler for inventory

Time Traveler

The first known use of inventory was in the 15th century

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Statistics for inventory

Last Updated

25 Jan 2021

Cite this Entry

“Inventory.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/inventory. Accessed 27 Jan. 2021.

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More Definitions for inventory

inventory

noun
How to pronounce inventory (audio)

English Language Learners Definition of inventory

 (Entry 1 of 2)

: a complete list of the things that are in a place
chiefly US : a supply of goods that are stored in a place
chiefly US : 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

inventory

verb

English Language Learners Definition of inventory (Entry 2 of 2)

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

inventory

noun
in·​ven·​to·​ry | \ ˈin-vən-ˌtȯr-ē How to pronounce inventory (audio) \
plural inventories

Kids Definition of inventory

 (Entry 1 of 2)

1 : a supply of goods Inventory is low.
2 : a list of items (as goods on hand)
3 : the act or process of making a list of items

inventory

verb
inventoried; inventorying

Kids Definition of inventory (Entry 2 of 2)

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

inventory

noun
in·​ven·​to·​ry | \ ˈin-vən-ˌtōr-ē, -ˌtȯr- How to pronounce inventory (audio) \
plural inventories

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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inventory

noun
in·​ven·​to·​ry | \ ˈin-vən-ˌtōr-ē How to pronounce inventory (audio) \
plural inventories

Legal Definition of inventory

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 : 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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Comments on inventory

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