Definition, Meaning & Synonyms
inventory
noun
/ˈɪnvənˌtɔːri/
Definition
A detailed list of items in stock or goods available for sale.
Examples
- The store keeps a precise inventory of its available products.
- Conducting a regular inventory can help reduce losses.
- After the inventory was taken, the company discovered a surplus of items.
Meaning
Inventory refers to the total amount of goods, products, or materials that a business holds, which may include raw materials, work-in-progress, and finished products.
Synonyms
- stock
- supplies
- goods
- merchandise
- inventory list
