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inventorying

   Also found in: Medical, Legal, Financial, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
in·ven·to·ry  (nvn-tôr, -tr)
n. pl. in·ven·to·ries
1.
a. A detailed, itemized list, report, or record of things in one's possession, especially a periodic survey of all goods and materials in stock.
b. The process of making such a list, report, or record.
c. The items listed in such a report or record.
d. The quantity of goods and materials on hand; stock.
2. An evaluation or a survey, as of abilities, assets, or resources.
tr.v. in·ven·to·ried, in·ven·to·ry·ing, in·ven·to·ries
1. To make an itemized report or record of.
2. To include in an itemized report or record.

[Middle English inventorie, from Medieval Latin inventrium, alteration of Late Latin inventrium, from Latin inventus, past participle of invenre, to find; see invent.]

inven·tori·al adj.
inven·tori·al·ly adv.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.inventorying - making an itemized list of merchandise or supplies on hand; "an inventory may be necessary to see if anything is missing"; "they held an inventory every month"
itemisation, itemization, listing - the act of making a list of items
stock-take, stocktake - an instance of stocktaking; "the auditor did not attend the stocktake or check the valuations"


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? Mentioned in ? References in periodicals archive
 
Under this section, a corporation that uses the LIFO method must also use the same method in inventorying goods to ascertain income, profit or loss when preparing a report or statement covering a tax year to be presented to shareholders, partners, other beneficiaries or creditors.
 
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