Inventory : (noun)
1: a detailed list of all the items in stock [syn: stock list]
2: the merchandise that a shop has on hand; "they carried a
vast inventory of hardware" [syn: stock]
3: (accounting) the value of a firm's current assets including
raw materials and work in progress and finished goods
4: a collection of resources; "he dipped into his intellectual
armory to find an answer" [syn: armory, armoury]
5: making an itemized list of merchandise or supplies on hand;
"the inventory took two days" [syn: inventorying, stocktaking]
(verb)
1: make or include in an itemized record or report; "Inventory
all books before the end of the year"
Based on WordNet 2.0
|
|
Inventory : \In"ven*to*ry\, v. t. [imp. & p. p. Inventoried; p.
pr. & vb. n. Inventorying.] [Cf. F. inventorier.]
To make an inventory of; to make a list, catalogue, or
schedule of; to insert or register in an account of goods;
as, a merchant inventories his stock.
I will give out divers schedules of my beauty; it shall
be inventoried, and every particle and utensil labeled.
--Shak.
Based on Webster's Revised Unabridged Dictionary
|
|
Inventory : \In"ven*to*ry\, n.; pl. Inventories. [L.
inventarium: cf. LL. inventorium, F. inventaire, OF. also
inventoire. See Invent.]
An account, catalogue, or schedule, made by an executor or
administrator, of all the goods and chattels, and sometimes
of the real estate, of a deceased person; a list of the
property of which a person or estate is found to be
possessed; hence, an itemized list of goods or valuables,
with their estimated worth; specifically, the annual account
of stock taken in any business.
There take an inventory of all I have. --Shak.
Syn: List; register; schedule; catalogue. See List.
Based on Webster's Revised Unabridged Dictionary
|
|
INVENTORY. A list, schedule, or enumeration in writing, containing, article
by article, the goods and chattels, rights and credits, and, in some cases,
the lands and tenements, of a person or persons. In its most common
acceptation, anInventory : is a conservatory act, which is made to ascertain
the situation of an intestate's estate, the estate of an insolvent, and the
like, for the purpose of securing it to those entitled to it.
2. When the inventory is made of goods and estates assigned or conveyed
in trust, it must include all the property conveyed.
3. In case of intestate estates, it is required to contain only the
personal property, or that to which the administrator is entitled. The
claims due to the estate ought to be separated; those which are desperate or
had ought to be so returned. The articles ought to be set down separately,
as already mentioned, and separately valued.
4. The inventory is to be made in the presence of at least two of the
creditors of the deceased, or legatees or next of kin, and, in their default
and absence, of two honest persons. The appraisers must sign it, and make
oath or affirmation that the appraisement is just to the best of their
knowledge. Vide, generally, 14 Vin. Ab. 465; Bac. Ab. Executors, &c., E 11;
4 Com. Dig. 14; Ayliffe's Pand. 414; Ayliffe's Parerg. 305; Com. Dig.
Administration, B 7; 3 Burr. 1922; 2 Addams' Rep. 319; S. C. 2 Eccles. R.
322; Lovel. on Wills; 38; 2 Bl. Com. 514; 8 Serg. & Rawle, 128; Godolph.
150, and the article Benefit of Inventory.
Based on Webster's Revised Unabridged Dictionary (1913)
|
|
|
|
