Definition, Meaning & Synonyms
inventory
noun
/ˈɪnvənˌtɔri/
Definition
A complete list of items such as goods in stock or the contents of a building.
Examples
- The store conducted an annual inventory to assess its stock levels.
- After the inventory was completed, they realized they had overstocked on certain items.
- Keeping an accurate inventory helps businesses make informed purchasing decisions.
Meaning
Inventory refers to the detailed account of all items that a business holds for the purpose of resale, production, or consumption.
Synonyms
- Stock
- Catalog
- Listing
- Register
