Stock in trade

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Definition

n. the inventory of merchandise held for sale.
Context: Used in General Law

Examples

  • In practice, “stock in trade” means the inventory of merchandise held for sale.

Term Information

Jurisdiction: Common law
Legal Areas: General Law
Pronunciation: /stock in trade/
Etymology: Origin: English legal terminology
Related Terms:
absolute accident account accounting accredited

Explore further

Look up this wording in official UK legislation (opens legislation.gov.uk search).

Search UK legislation for “stock in trade”