Inventory Control Terms

adjective describing or relating to what is left when a part or quantity has been taken away

• The remaining funds will be allocated to other projects.
• We can use the remaining time to grab a quick bite to eat.
• Let's finish up the work and then we can chill with whatever remaining.
• She stood strong, the last one remaining in the face of adversity.

noun MRP stands for Maximum Retail Price, which is the highest price that can be charged for a product or service as per government regulations.

• The manufacturer's suggested retail price (MRP) for the new product is $99.
• The MRP for that item is $50, but I bet we can find it cheaper online.
• I found this cool gadget for half the MRP price!
• The MRP of success is hard work and determination.

verb to consider or regard in a specified way

preposition used to say that something or someone has been considered or included in a calculation, decision, or plan

• In the financial report, all expenses were meticulously accounted for.
• I made sure to account for all the missing items before leaving the party.
• She totally accounted for her ex-boyfriend by showing up with a hotter date.
• The new evidence accounted for his sudden change in behavior.

verb to provide an explanation or justification for something

preposition used to indicate that something has been taken into consideration or included in a calculation

• The accountant ensured that every expense was properly accounted for in the financial statements.
• I made sure to account for all the money I spent on my trip.
• I totally forgot to account for the drinks we bought last night.
• Her dedication to her work accounted for her success in the company.

noun a word that can be the subject or object of a verb, can also refer to a person, place, thing, or idea

preposition a word that shows the relationship between a noun or pronoun and other words in a sentence

• The financial report must account for all expenses incurred during the quarter.
• Make sure you account for all your spending when you're budgeting for the month.
• Don't forget to account for the extra charges on your bill.
• Her absence from the meeting will need to be accounted for in the decision-making process.