inventory noun Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "inventory" - Business English Dictionary

See all translations

inventory

noun
 
 
/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 inventorydo/make/take an inventory We need to take a hardware inventory to estimate the hardware upgrade costs.
→  See also beginning inventory , continuous inventory
(Definition of inventory noun from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of inventory?
Add Cambridge dictionaries to your browser to your website

Definitions of “inventory” in other dictionaries

Word of the Day
lap

to go past someone in a race who has been round the track one less time than you

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

exoskeleton noun
exoskeleton noun
July 27, 2015
a robotic device which goes around the legs and part of the body of a person who cannot walk and allows them to move independently and in an upright position The device, known as an exoskeleton, is strapped to the outside of a person’s limbs and can then be controlled by them.

Read More