Meaning & Definition of Inventory in English

1. A detailed list of all the items in stock

2. The merchandise that a shop has on hand

• "They carried a vast inventory of hardware"

• "They stopped selling in exact sizes in order to reduce inventory"

3. (accounting) the value of a firm's current assets including raw materials and work in progress and finished goods

4. A collection of resources

• "He dipped into his intellectual armory to find an answer"

5. Making an itemized list of merchandise or supplies on hand

• "An inventory may be necessary to see if anything is missing"

• "They held an inventory every month"

1. Make or include in an itemized record or report

• "Inventory all books before the end of the year"