Inventory and Appraisal
/ˈɪnvənˌtɔːri ænd əˈpreɪzəl/
Definitions
- (n.) A systematic process of cataloging and evaluating items or records, often in legal or archival contexts, to determine their value, relevance, or disposition.
The legal team conducted a thorough inventory and appraisal of all evidentiary documents.
- (n.) A preliminary step in records management involving identifying and assessing records for retention or destruction under legal guidelines.
Inventory and appraisal are essential steps before records may be legally destroyed.
Forms
- inventory and appraisal
Related terms
See also
Commentary
Often used in archives and legal contexts, inventory and appraisal helps determine the disposition of records or property; drafting should clarify the scope and purpose of the process with regard to compliance and legal standards.
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.