inventory


inventory
An itemized list or schedule of articles in a stock of goods or merchandise, usually including notations of values. 29A Am J Rev ed Ins § 946. The foundation of the bookkeeping required by the bookkeeping clause of a fire insurance policy covering a stock of merchandise. Hartford Fire Ins. Co. v Farris, 116 Va 880, 83 SE 377. A list of the goods and merchandise to be offered at an auction sale, sometimes setting forth the cost of the several items; an inventory of all goods and merchandise sold at an auction sale, giving the prices received for the items listed. Steinberg-Baum & Co. v Countryman, 247 Iowa 923, 77 NW2d 15. A list made by an officer serving a writ of execution of the items of personal property subjected to the levy. 30 Am J2d Exec § 298. A list made by the sheriff or other officer to whom a writ of attachment was issued, of the property seized by him in serving the writ. 6 Am J2d Attach § 310. A list made by an executor or administrator of the personal assets of the decedent. 31 Am J2d Ex & Ad §§ 209 et seq. A complete list, to be prepared and filed by a trustee in bankruptcy or a trustee in an arrangement or reorganization proceeding in the bankruptcy court, of all the property of the bankrupt or debtor that comes into his possession, except where a receiver or other officer of the court has previously prepared and filed such an inventory. 9 Am J2d Bankr § 1259. A schedule to be made and filed by a bankrupt showing the amount and kind of property owned by him the location thereof, and its money value, in detail. 9 Am J2d Bankr § 378. A detailed list of property to be prepared, verified, and filed by a bankrupt, when required by the court, showing the cost to him of his merchandise or of such other property as may be designated, as of the date of his bankruptcy. 9 Am J2d Bankr § 381.

Ballentine's law dictionary. . 1998.

Synonyms:
(as of the goods of a merchant or of a deceased person), , , , ,


Look at other dictionaries:

  • Inventory — means a list compiled for some formal purpose, such as the details of an estate going to probate, or the contents of a house let furnished. This remains the prime meaning in British English.[1] In the USA and Canada the term has developed from a… …   Wikipedia

  • inventory — in·ven·to·ry / in vən ˌtōr ē/ n pl ries 1: an itemized list of current assets: as a: a written list or catalog of the property of an individual, organization, or estate or succession that is made by a fiduciary under oath and that usu. describes… …   Law dictionary

  • Inventory — In ven*to*ry, n.; pl. {Inventories}. [L. inventarium: cf. LL. inventorium, F. inventaire, OF. also inventoire. See {Invent}.] 1. An account, catalogue, or schedule, made by an executor or administrator, of all the goods and chattels, and… …   The Collaborative International Dictionary of English

  • inventory — [in′vən tôr΄ē] n. pl. inventories [ML inventorium < LL inventarium < L inventus: see INVENT] 1. an itemized list or catalog of goods, property, etc.; esp., such a list of the stock of a business, taken annually 2. the store of goods, etc.… …   English World dictionary

  • 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… …   The Collaborative International Dictionary of English

  • inventory — (n.) early 15c., from O.Fr. inventoire inventory, detailed list of goods, catalogue, from M.L. inventorium (L.L. inventarium) list of what is found, from L. inventus, pp. of invenire to find (see INVENTION (Cf. invention)). The verb is first… …   Etymology dictionary

  • inventory — ► NOUN (pl. inventories) 1) a complete list of items such as goods in stock or the contents of a building. 2) a quantity of goods in stock. ► VERB (inventories, inventoried) ▪ make an inventory of. ORIGIN Latin inventarium …   English terms dictionary

  • inventory — n *list, register, schedule, catalog, table, roll, roster …   New Dictionary of Synonyms

  • inventory — meaning ‘an official list of goods etc.’, is pronounced in vǝn tǝ ri in BrE and in vǝn taw ri in AmE …   Modern English usage

  • inventory — [n] list of stock; stock account, backlog, catalogue, file, fund, hoard, index, itemization, record, register, reserve, reservoir, roll, roster, schedule, stock book, stockpile, store, summary, supply, table, tabulation; concepts 283,338 …   New thesaurus

  • inventory — the value of all the stock of physical items that a business uses in its production process or has for sale in the ordinary course of doing business. Glossary of Business Terms A category of goods defined by Article 9 of the Uniform Commercial… …   Financial and business terms


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