law |
inventory (► [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. CBED Alexander Demidov) |