English · Work & Business

inventory

/ˈɪn.vən.tɔːr.i/

[/ˈɪn.vən.tɔːr.i/]

list of stock or goods

Intermediatenoun

Definition

All the goods that a shop or business has in stock, or a complete list of them.

Example

The store takes inventory every month to check how many items remain on the shelves.

The store takes inventory every month to check how many items remain on the shelves.

Etymology

From medieval Latin 'inventorium', from 'invenire' (to find, come upon).

How & Where It’s Used

Used in retail, warehousing, and accounting.

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businessoperations

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