periodic inventory
periodic inventory noun: a system of assessing a business' inventory in which updates are made on a periodic basis, so that a completely accurate account is only available immediately after the update.
Noun
periodic inventory
- A system of assessing a business' inventory in which updates are made on a periodic basis, so that a completely accurate account is only available immediately after the update.
Questions about periodic inventory
- What does periodic inventory mean?
- Periodic inventory means a system of assessing a business' inventory in which updates are made on a periodic basis, so that a completely accurate account is only available immediately after the update.
- What part of speech is periodic inventory?
- Periodic inventory is a noun.
Words near periodic inventory in the dictionary
Source and license
Adapted from Wiktionary: periodic inventory (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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