Definition, Meaning & Synonyms
dead-stock
Noun
/dɛd stɒk/
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Definition
Dead stock refers to unsold inventory that has not been sold or used for a significant amount of time.
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Examples
- The company had to clear out its dead stock by offering deep discounts.
- Dead stock can negatively impact a business’s financials if not managed properly.
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Meaning
The term is often used in retail and manufacturing to describe items that are no longer wanted or that have become obsolete, leading to a loss in potential revenue.
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Synonyms
- Obsolete inventory
- Unsold goods
- Stale stock