Definition of “inventory” - English Dictionary

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“inventory” in English

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inventorynoun

uk ​ /ˈɪn.vən.tər.i/ us ​ /ˈɪn.vən.tɔːr.i/

(Definition of “inventory” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“inventory” in American English

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inventorynoun [ C/U ]

us ​ /ˈɪn·vənˌtɔr·i, -ˌtoʊr·i/

› goods that are easily made available, or a detailed list of goods, property, etc.:

[ C ] large inventories of oil and gasoline
[ U ] The store is closed while we’re taking inventory (= counting and listing all the goods).

(Definition of “inventory” from the Cambridge Academic Content Dictionary © Cambridge University Press)

“inventory” in Business English

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inventorynoun

uk ​ /ˈɪnvəntri, ɪnˈventəri/ us ​ /ˈɪnvəntɔri/

› [ C or U ] COMMERCE, PRODUCTION the amount of goods a store or business has for sale at a particular time, or their value:

About half of the shop's inventory was damaged in the tornado.
Analysts say the company's inventory of unsold cars could last two to three months.
a big/large/low inventory

› ACCOUNTING, PRODUCTION the amount of goods and materials owned by a company at a particular time, including parts, products being made, and finished products:

Businesses are increasing their spending on plants, equipment and inventories.
cut/bring down/reduce inventory
We are trying to reduce manufacturing cycle time and the associated raw material, work in process, and finished goods inventory levels.

› [ C ] a detailed list of all the goods and property owned by a person or a business:

a complete/extensive/detailed inventory
do/make/take an inventory We need to take a hardware inventory to estimate the hardware upgrade costs.

See also

beginning inventory
continuous inventory

inventoryverb [ T ]

uk ​ /ˈɪnvəntri, ɪnˈventəri/ us ​ /ˈɪnvənˌtɔri/

› to make a detailed list of all the goods and property owned by a person or a business:

The judge ordered that all property should be inventoried before any more sales were made.

(Definition of “inventory” from the Cambridge Business English Dictionary © Cambridge University Press)

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