Term:
Inventories
Definition:
Inventories consist of stocks of outputs that are still held by the units that produced them prior to their being further processed, sold, delivered to other units or used in other ways, and stocks of products acquired from other units that are intended to be used for intermediate consumption or for resale without further processing.
Domain:
Economics & National Accounts
Source:
SNA 10.7 [13.15, 13.46, (AN.12) – Annex to chapter XIII]