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inventory

[ˈɪnvəntəri]

inventory Definition

a complete list of items such as property, goods in stock, or the contents of a building.

Using inventory: Examples

Take a moment to familiarize yourself with how "inventory" can be used in various situations through the following examples!

  • Example

    The store manager took inventory of the stockroom.

  • Example

    We need to do an inventory of the office supplies.

  • Example

    The insurance company requires an inventory of all lost items.

  • Example

    The landlord made an inventory of the apartment before the tenant moved in.

inventory Synonyms and Antonyms

Synonyms for inventory

Phrases with inventory

  • to make a complete list of items or goods in stock

    Example

    The store manager takes inventory every month.

  • the process of ensuring that the right amount of stock is available at the right time

    Example

    The company hired a specialist to manage inventory control.

  • the rate at which a company sells and replaces its stock of goods during a given period of time

    Example

    The inventory turnover rate for the company increased by 20% this year.

Origins of inventory

from Latin 'inventarium', meaning 'a list of what is found'

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Summary: inventory in Brief

The term 'inventory' [ˈɪnvəntəri] refers to a complete list of items, such as property, goods in stock, or the contents of a building. It is often used in business contexts, such as taking inventory of stockrooms or office supplies. Phrases like 'take inventory' and 'inventory control' denote the process of managing stock levels, while 'inventory turnover' measures the rate at which a company sells and replaces its stock.