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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

I was always a kid trying to make a buck. I borrowed a dollar from my dad, went to the penny candy store, bought a dollar's worth of candy, set up my booth, and sold candy for five cents apiece. Ate half my inventory, made $2.50, gave my dad back his dollar.
Guy Fieri

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

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

We want to turn our inventory faster than our people.
James Sinegal
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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