property inventory

property inventory
A list of personal property with corresponding values and initial costs often used to substantiate insurance claim and tax losses. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • Property Inventory — A written tally of all of a taxpayer s personal property. This inventory will also denote how much was paid for each item and when, along with each item s current market value. Property inventories are generally used by taxpayers to calculate… …   Investment dictionary

  • Inventory of Church Property — • An inventory is to be made at the beginning of a given administration; when the period of management has expired, the out going official must produce all the things which appear in this inventory or were added later, excepting those which have… …   Catholic encyclopedia

  • inventory — in·ven·to·ry / in vən ˌtōr ē/ n pl ries 1: an itemized list of current assets: as a: a written list or catalog of the property of an individual, organization, or estate or succession that is made by a fiduciary under oath and that usu. describes… …   Law dictionary

  • Inventory — In ven*to*ry, n.; pl. {Inventories}. [L. inventarium: cf. LL. inventorium, F. inventaire, OF. also inventoire. See {Invent}.] 1. An account, catalogue, or schedule, made by an executor or administrator, of all the goods and chattels, and… …   The Collaborative International Dictionary of English

  • inventory — [in′vən tôr΄ē] n. pl. inventories [ML inventorium < LL inventarium < L inventus: see INVENT] 1. an itemized list or catalog of goods, property, etc.; esp., such a list of the stock of a business, taken annually 2. the store of goods, etc.… …   English World dictionary

  • inventory — the value of all the stock of physical items that a business uses in its production process or has for sale in the ordinary course of doing business. Glossary of Business Terms A category of goods defined by Article 9 of the Uniform Commercial… …   Financial and business terms

  • Inventory — For companies: Raw materials, items available for sale or in the process of being made ready for sale. They can be individually valued by several different means, including cost or current market value, and collectively by FIFO, LIFO or other… …   Financial and business terms

  • inventory — inventoriable, adj. inventorial, adj. inventorially, adv. /in veuhn tawr ee, tohr ee/, n., pl. inventories, v., inventoried, inventorying. n. 1. a complete listing of merchandise or stock on hand, work in progress, raw materials, finished goods… …   Universalium

  • inventory — An itemized list or schedule of articles in a stock of goods or merchandise, usually including notations of values. 29A Am J Rev ed Ins § 946. The foundation of the bookkeeping required by the bookkeeping clause of a fire insurance policy… …   Ballentine's law dictionary

  • property law — Introduction       principles, policies, and rules by which disputes over property are to be resolved and by which property transactions may be structured. What distinguishes property law from other kinds of law is that property law deals with… …   Universalium

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