inventory
noun
a complete listing of merchandise or stock on hand, work in progress, raw materials, finished goods on hand, etc., made each year by a business concern.
inventoriable
-
a word derived from
inventory.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
As part of the Tax Reform Act of 1986, Congress added Section 263A to the Code, which greatly increased the types of costs that are inventoriable compared to the rules under Section 471.
From Forbes ● Jan. 24, 2015
By definition, a cash-basis taxpayer would have no inventoriable costs, and thus no COGS.
From Forbes ● Jan. 24, 2015
