inventoryin·ven·tory /ˈɪnvəntri-tɔːri/ noun (plural inventories) especially American EnglishAmE1[countableC, uncountableU]ACCOUNTING the amount of stock, including RAW MATERIALs, supplies and finished goods, that a company has at a particular timeSYN BrE stockCompanies have cut inventories sharply since the downturn began.
Cash-and-carry outlets rely on a rapid turnover of stock to keep down inventory levels.
→ beginning inventory → continuous inventory3take (an) inventoryACCOUNTING to make a list of goods that a company or a person has at a particular timeNewmark & Lewis were closed Sunday to take inventory.
→ see also first in, first out, last in, first out