Inventory
/ɪnˈvɛn.tɔːr.i/
Definitions
- (n.) A detailed list of goods, property, or assets owned by a person or organization.
The company updated its inventory before the audit.
- (v.) To make a detailed list of goods or property.
They inventoried all office equipment last month.
Forms
- inventories
Related terms
See also
Commentary
In legal contexts, inventory often pertains to property lists for estate or business purposes and should be clearly distinguished from informal stock lists.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.