Array and Inventory

noun

• An orderly arrangement.
  • usage: "an array of troops in battle order"
• An impressive display.
  • usage: "it was a bewildering array of books"; "his tools were in an orderly array on the basement wall"
• Especially fine or decorative clothing.
  • synonyms: raiment, regalia
• An arrangement of aerials spaced to give desired directional characteristics.

verb

• Lay out orderly or logically in a line or as if in a line.
  • usage: "lay out the clothes"; "lay out the arguments"
  • synonyms: range, lay out, set out
• Align oneself with a group or a way of thinking.
  • synonyms: align

• (n.) Order; a regular and imposing arrangement; disposition in regular lines; hence, order of battle; as, drawn up in battle array.
• (n.) To deck or dress; to adorn with dress; to cloth to envelop; -- applied especially to dress of a splendid kind.
• (n.) To place or dispose in order, as troops for battle; to marshal.
• (n.) The whole body of jurors summoned to attend the court.
• (n.) To set in order, as a jury, for the trial of a cause; that is, to call them man by man.
• (n.) A ranking or setting forth in order, by the proper officer, of a jury as impaneled in a cause.
• (n.) The whole body of persons thus placed in order; an orderly collection; hence, a body of soldiers.
• (n.) An imposing series of things.
• (n.) Dress; garments disposed in order upon the person; rich or beautiful apparel.
• (n.) The panel itself.

noun

• A detailed list of all the items in stock.
  • synonyms: stock list
• The merchandise that a shop has on hand.
  • usage: "they carried a vast inventory of hardware"; "they stopped selling in exact sizes in order to reduce inventory"
  • synonyms: stock
• Accounting) the value of a firm's current assets including raw materials and work in progress and finished goods. (
• A collection of resources.
  • usage: "he dipped into his intellectual armory to find an answer"
  • synonyms: armory, armoury
• Making an itemized list of merchandise or supplies on hand.
  • usage: "an inventory may be necessary to see if anything is missing"; "they held an inventory every month"
  • synonyms: inventorying, stocktaking, stock-taking

verb

• Make or include in an itemized record or report.
  • usage: "Inventory all books before the end of the year"
  • synonyms: take stock, stock-take

• (v.t.) To make an inventory of; to make a list, catalogue or schedule of; to insert or register in an account of goods; as, a merchant inventories his stock.
• (n.) An account, catalogue or schedule, made by an executor or administrator, of all the goods and chattels, and sometimes of the real estate, of a deceased person; a list of the property of which a person or estate is found to be possessed; hence, an itemized list of goods or valuables, with their estimated worth; specifically, the annual account of stock taken in any business.

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 (First in, first out), LIFO (Last in, first out) or other techniques. The lower value of alternatives is usually used to preclude overstating earnings and assets. For securities firms: Securities bought and held by a broker or dealer for resale.