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Inventory - Law Dictionary Search Results

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Jukebox

of coins prior to playing and allowing the user to select the playing of any disc in its inventory An early version was called the nickelodeon

stock

the equipment, materials, or supplies of a business b : a store or supply accumulated ;esp : the inventory of the goods of a merchant or manufacturer 2 : the ownership element in a corporation usually divided

Inventorial

Of or pertaining to an inventory

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use tax

amount of use tax due] [the manufacturer became liable for a use tax when items were withdrawn from inventory for internal use]

summary distribution

summary distribution : an abridged form of administration allowing distribution of an estate after the filing of an inventory showing assets sufficient only to pay superior claims (as to family members claiming statutory shares) compare collection by

search

upon the voluntarily given consent of a person having authority over the place or things to be searched inventory search : a warrantless search (as of an impounded automobile) conducted for the purpose of placing personal property

schedule

list or statement of supplementary details appended to another document b : a formal list, table, catalog, or inventory 2 : a plan that indicates the time and sequence of each element schedule vt

sale

a sale not in the ordinary course of the seller's business of more than half of the seller's inventory called also bulk transfer NOTE: Article 6 of the Uniform Commercial Code governs bulk sales. Under section 6-102(c),

interest

security agreement that secures payment or performance of an obligation [the creditor had a security interest in the inventory and accounts receivable of the business] called also Article Nine security interest see also attach, perfect, purchase money

heir

this entry beneficiary heir in the civil law of Louisiana : an heir who exercises the benefit of inventory which limits the amount of his or her liability for the decedent's debts bod·i·ly heir : heir of

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