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Definition of Inventory

Inventory

  1. 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.
  2. 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.

Inventory Quotations

There are two ways to extend a business. Take inventory of what you're good at and extend out from your skills. Or determine what your customers need and work backward, even if it requires learning new skills. Kindle is an example of working backward.
Jeff Bezos

There's nothing like rejection to make you do an inventory of yourself.
James Lee Burke

To state the facts frankly is not to despair the future nor indict the past. The prudent heir takes careful inventory of his legacies and gives a faithful accounting to those whom he owes an obligation of trust.
John F. Kennedy

It was Dell who came out with their build-on-demand process, where they are able to keep a zero balance inventory. That means they don't purchase parts until an order is received. That is a way to greatly reduced overhead, since you don't need to warehouse parts or overstock parts you may not end up using.
Jonathan Raymond

We have so much room for improvement. Every aspect of our lives must be subjected to an inventory... of how we are taking responsibility.
Nancy Pelosi
More "Inventory" Quotations

Inventory Translations

inventory in Dutch is inventaris, boedel
inventory in French is stocks, inventaire
inventory in German is Inventur, Inventar
inventory in Italian is inventario
inventory in Norwegian is fortegnelse, inventarliste
inventory in Spanish is inventario
inventory in Swedish is bouppteckning, inventarie

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