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perpetual inventory

British  

noun

  1. a form of stock control in which running records are kept of all acquisitions and disposals

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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The alternative is to mark up a company’s perpetual inventory of capital by the market value of its shares.

From Salon

You have an opportunity to use new forms of analytics using your Perpetual Inventory data in combination with Point of Sales data enable new insights on shelf-level fulfillment without the use of RFID.

From Forbes

I apply myself to a module in which Sam Walton waxes manic about the perpetual inventory system, then I cautiously get up from the computer to see if Howard is anywhere around.

From Literature

Stock is tracked through a perpetual inventory.

From The Guardian

I went to the store and he had marked about twenty items on his stock book, which he said was a perpetual inventory.

From Project Gutenberg