Code and Inventory

noun

• A set of rules or principles or laws (especially written ones.
  • synonyms: codification
• A coding system used for transmitting messages requiring brevity or secrecy.
• Computer science. ( the symbolic arrangement of data or instructions in a computer program or the set of such instructions)
  • synonyms: computer code

verb

• Attach a code to.
  • usage: "Code the pieces with numbers so that you can identify them later"
• Convert ordinary language into code.
  • usage: "We should encode the message for security reasons"
  • synonyms: encipher, cipher, cypher, encrypt, inscribe, write in code

• (n.) A body of law, sanctioned by legislation, in which the rules of law to be specifically applied by the courts are set forth in systematic form; a compilation of laws by public authority; a digest.
• (n.) Any system of rules or regulations relating to one subject; as, the medical code, a system of rules for the regulation of the professional conduct of physicians; the naval code, a system of rules for making communications at sea means of signals.

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.