Inventory

What is Inventory?

Inventory is the value of a business’s stock of raw materials, work in progress and finished goods. In common use it is interchangeable with the word stock.

For further information on Inventory see the Wikipedia definition.

Learn a new Bookkeeping Term

Random bookkeeping terms for you to discover.

Link to this page

Click in the box and paste the link to your site.

Return to the Dictionary

Inventory August 8th, 2017Team

You May Also Like