stock-account
Definition
Noun: A "stock-account" is a financial or inventory record that tracks the quantity, value, and movement of goods or assets held in stock. It is typically used in business or accounting contexts to monitor supplies, merchandise, or securities.
Usage Examples
- (A record of inventory quantities.)
- (A record of financial securities.)
- (An inventory log for goods.)
Advanced Usage
"to keep a stock-account": to maintain a detailed record of stock levels.
- The business must keep a stock-account to avoid overstocking or shortages. (To monitor inventory accurately.)
"to balance the stock-account": to reconcile the recorded stock with physical counts.
- The accountant balanced the stock-account against the actual inventory. (To verify accuracy.)
Variants and Related Words
Stockbook (n): a book or ledger for recording stock transactions.
- The old stockbook contained entries from the 1800s. (A physical record of stock.)
Stocktaking (n): the process of counting and evaluating stock.
- Annual stocktaking helps prevent theft and mismanagement. (Inventory counting.)
Synonyms
- Inventory record: a list or database of stock items.
- Stock ledger: a formal book for recording stock movements.
- Asset register: a record of owned items, often used in finance.
Related Idioms
Take stock: to assess one's situation or resources.
- After the merger, the CEO decided to take stock of the company's assets. (To evaluate or review.)
Stock in trade: the goods or skills necessary for a particular business or profession.
- Patience is a stock in trade for a good teacher. (Essential resources or qualities.)