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==Origin==
[http://nordan.daynal.org/wiki/index.php?title=English#ca._1100-1500_.09THE_MIDDLE_ENGLISH_PERIOD Middle English] ''inventarie'', ''inventorie'', from Anglo-French ''inventaire'', ''inventorie'', from [[Latin]] ''inventarium'', from ''inventum'' [[thing]] found, topic, neuter of ''inventus''
*[http://en.wikipedia.org/wiki/15th_century 15th Century]
==Definitions==
*1a : an itemized list of current [[assets]]: as (1) : a catalog of the [[property]] of an [[individual]] or estate (2) : a list of [[goods]] on hand
:b : a survey of natural [[resources]]
:c : a list of [[traits]], preferences, [[attitudes]], interests, or abilities used to [[evaluate]] personal characteristics or [[skills]]
*2: survey, summary
*3: the [[quantity]] of goods or materials on hand : stock
*4: the [[act]] or [[process]] of taking an inventory
==Description==
'''Inventory''' means a list compiled for some [[formal]] [[purpose]], such as the details of an estate going to [http://en.wikipedia.org/wiki/Will_(law) probate], or the contents of a house let furnished. This remains the prime meaning in British English. In the USA and Canada the term has developed from a list of [[goods]] and materials to the goods and material available in stock by a [[business]]; and this has become the primary [[meaning]] of the term in North American English, equivalent to the term "stock" in British English. In accounting, inventory or stock is considered an [[asset]].[http://en.wikipedia.org/wiki/Inventory]

[[Category: Economics]]

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