continuous inventory Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “continuous inventory” in the English Dictionary

"continuous inventory" in Business English

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continuous inventorynoun [C or U]

uk   us   plural continuous inventories also perpetual inventory
ACCOUNTING a system of regularly checking information on the quantity and type of goods that a company has available to sell: In the continuous inventory procedure, stocks are counted continuously throughout the entire fiscal year.
(Definition of continuous inventory from the Cambridge Business English Dictionary © Cambridge University Press)
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