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stock in hand

 

Definitions from the Web

Term: Stock in Hand

Definition

Stock in hand refers to the quantity of a specific item that a company or individual currently possesses and is available for immediate use or sale.

Usage

Noun (Accounting):

In accounting, stock in hand is the value of inventory held by a business at a given point in time. It represents the current stock or goods available for sale.

Example sentence:

I need to update the financial report with the latest value of stock in hand.

Noun (Business):

In business terms, stock in hand refers to the physical inventory or merchandise that a company has in its possession.

Example sentence:

The store's stock in hand was running low, so they placed an order for more products.

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