Eligible Inventory definition: Copy, customize, and use instantly
Introduction
The term "Eligible Inventory" refers to inventory items that meet specific criteria set by a lender, business, or regulatory authority to qualify for inclusion in inventory-based financing or other inventory-related activities. These items must be in good condition, appropriately valued, and suitable for sale or use in operations. Eligible inventory is typically used as collateral for loans, determining the maximum credit amount available to the borrower.
Below are various examples of how "Eligible Inventory" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Eligible Inventory" as inventory that qualifies under a company’s financing arrangement as acceptable collateral for loans
This definition ties "Eligible Inventory" to financing arrangements.
"Eligible Inventory" refers to inventory that qualifies under a company’s financing arrangement as acceptable collateral for loans, typically meeting specific criteria like condition, location, or valuation to be used for securing credit.
Definition of "Eligible Inventory" as the inventory that meets the conditions set by the lender to be considered for loan collateral
This definition connects "Eligible Inventory" to lender conditions.
"Eligible Inventory" refers to the inventory that meets the conditions set by the lender, ensuring it is of sufficient quality, quantity, and value to be considered for loan collateral under specific financing terms.
Definition of "Eligible Inventory" as goods that are considered suitable for sale or use in operations and meet the criteria for inclusion in financial agreements
This definition links "Eligible Inventory" to suitability for sale and operations.
"Eligible Inventory" refers to goods that are considered suitable for sale or use in operations and meet the criteria for inclusion in financial agreements, ensuring they can be liquidated or utilized effectively in the course of business.
Definition of "Eligible Inventory" as inventory items that meet specific qualifications such as condition, location, and value for inclusion in financing or collateral agreements
This definition ties "Eligible Inventory" to qualifications and collateral agreements.
"Eligible Inventory" refers to inventory items that meet specific qualifications such as condition, location, and value, making them eligible for inclusion in financing or collateral agreements, allowing them to be used to secure loans or credit lines.
Definition of "Eligible Inventory" as the portion of inventory that satisfies the necessary criteria for securing business financing or fulfilling operational needs
This definition connects "Eligible Inventory" to securing financing and operational needs.
"Eligible Inventory" refers to the portion of inventory that satisfies the necessary criteria for securing business financing or fulfilling operational needs, often determined by inventory valuation, marketability, and condition.
Definition of "Eligible Inventory" as the category of inventory deemed acceptable by a financial institution for securing a loan or line of credit
This definition links "Eligible Inventory" to financial institution approval.
"Eligible Inventory" refers to the category of inventory deemed acceptable by a financial institution for securing a loan or line of credit, typically including items with a stable market value and a good resale potential.
Definition of "Eligible Inventory" as inventory that complies with the specific requirements set forth by the lender or creditor to qualify for asset-based lending
This definition connects "Eligible Inventory" to asset-based lending.
"Eligible Inventory" refers to inventory that complies with the specific requirements set forth by the lender or creditor to qualify for asset-based lending, often ensuring that the inventory is in good condition, easily liquidated, and not obsolete.
Definition of "Eligible Inventory" as inventory that is considered acceptable collateral under the terms of a specific financing agreement, meeting agreed-upon valuation and condition standards
This definition ties "Eligible Inventory" to collateral terms.
"Eligible Inventory" refers to inventory that is considered acceptable collateral under the terms of a specific financing agreement, meeting agreed-upon valuation and condition standards to be used in securing a loan or credit line.
Definition of "Eligible Inventory" as inventory that fulfills the requirements established by a business, bank, or financial institution to qualify for use in financial transactions
This definition connects "Eligible Inventory" to business or institutional requirements.
"Eligible Inventory" refers to inventory that fulfills the requirements established by a business, bank, or financial institution to qualify for use in financial transactions, such as asset-backed lending or inventory financing, ensuring that the goods meet the set standards.
Definition of "Eligible Inventory" as items in a company’s stock that meet the criteria for use in operational purposes or as collateral for financial arrangements
This definition links "Eligible Inventory" to operational and collateral purposes.
"Eligible Inventory" refers to items in a company’s stock that meet the criteria for use in operational purposes or as collateral for financial arrangements, ensuring that the inventory is of the necessary quality, condition, and value to be utilized effectively in business.
Definition of "Eligible Inventory" as the portion of inventory that qualifies under a lending agreement to serve as collateral for financial purposes
This definition ties "Eligible Inventory" to lending agreements.
"Eligible Inventory" refers to the portion of inventory that qualifies under a lending agreement to serve as collateral for financial purposes, typically based on factors such as condition, value, and marketability of the goods.
Definition of "Eligible Inventory" as goods that meet specific requirements for use in business operations or as part of an inventory-based financing arrangement
This definition connects "Eligible Inventory" to business operations and financing arrangements.
"Eligible Inventory" refers to goods that meet specific requirements for use in business operations or as part of an inventory-based financing arrangement, ensuring they are suitable for either sale, lease, or use in fulfilling customer orders.
Definition of "Eligible Inventory" as the stock or assets that meet a financial institution's criteria for inclusion in asset-based loans or other credit arrangements
This definition links "Eligible Inventory" to asset-based loans.
"Eligible Inventory" refers to stock or assets that meet a financial institution's criteria for inclusion in asset-based loans or other credit arrangements, often including goods with a stable value and potential for liquidation.
Definition of "Eligible Inventory" as inventory items that are recognized by a lender or creditor as valuable and suitable for use in securing a loan or credit
This definition ties "Eligible Inventory" to recognition by a lender.
"Eligible Inventory" refers to inventory items that are recognized by a lender or creditor as valuable and suitable for use in securing a loan or credit, meeting specific standards for quality, condition, and marketability.
Definition of "Eligible Inventory" as inventory that can be pledged as collateral in a financing arrangement, subject to agreed-upon conditions and valuation standards
This definition connects "Eligible Inventory" to collateral.
"Eligible Inventory" refers to inventory that can be pledged as collateral in a financing arrangement, subject to agreed-upon conditions and valuation standards, ensuring that the inventory can be sold or otherwise used to satisfy the loan if needed.
Definition of "Eligible Inventory" as inventory items selected by a company for use in secured transactions, meeting conditions set by financial institutions
This definition links "Eligible Inventory" to secured transactions.
"Eligible Inventory" refers to inventory items selected by a company for use in secured transactions, meeting conditions set by financial institutions to ensure their value and liquidity as collateral for loans or lines of credit.
Definition of "Eligible Inventory" as stock that has been approved by a creditor or lender for use in collateralized lending agreements
This definition ties "Eligible Inventory" to approval by creditors.
"Eligible Inventory" refers to stock that has been approved by a creditor or lender for use in collateralized lending agreements, typically based on criteria such as condition, marketability, and value.
Definition of "Eligible Inventory" as inventory that is categorized and recognized by financial institutions as acceptable for use in lending or credit arrangements
This definition connects "Eligible Inventory" to categorization by financial institutions.
"Eligible Inventory" refers to inventory that is categorized and recognized by financial institutions as acceptable for use in lending or credit arrangements, often determined by inventory classification, valuation, and risk assessment.
Definition of "Eligible Inventory" as goods that are authorized for use in securing financing based on their quality, condition, and marketability
This definition links "Eligible Inventory" to financing security.
"Eligible Inventory" refers to goods that are authorized for use in securing financing based on their quality, condition, and marketability, ensuring that the inventory is viable for sale or use in business operations.
Definition of "Eligible Inventory" as inventory that meets specific quality standards set by lenders or financial institutions to qualify as collateral for loans
This definition ties "Eligible Inventory" to quality standards.
"Eligible Inventory" refers to inventory that meets specific quality standards set by lenders or financial institutions, qualifying as collateral for loans or credit facilities, based on its condition, market value, and liquidity.
Definition of "Eligible Inventory" as stock that satisfies the criteria outlined in financing agreements to be used as collateral for securing credit
This definition connects "Eligible Inventory" to stock used for collateral.
"Eligible Inventory" refers to stock that satisfies the criteria outlined in financing agreements, enabling it to be used as collateral for securing credit, often depending on the inventory's value, condition, and turnover rate.
Definition of "Eligible Inventory" as goods within a company’s stock that are deemed acceptable by a lender based on their condition and marketability
This definition links "Eligible Inventory" to lender acceptance.
"Eligible Inventory" refers to goods within a company’s stock that are deemed acceptable by a lender based on their condition and marketability, ensuring that the inventory can be easily sold or liquidated in case of default.
Definition of "Eligible Inventory" as inventory that can be used for asset-backed loans, meeting the necessary valuation and liquidity criteria set by the lender
This definition connects "Eligible Inventory" to asset-backed loans.
"Eligible Inventory" refers to inventory that can be used for asset-backed loans, meeting the necessary valuation and liquidity criteria set by the lender to ensure the inventory's value can be easily realized if necessary.
Definition of "Eligible Inventory" as inventory that is designated by a company or financial institution as suitable for use in secured financing transactions
This definition ties "Eligible Inventory" to secured financing.
"Eligible Inventory" refers to inventory that is designated by a company or financial institution as suitable for use in secured financing transactions, typically meeting guidelines on value, marketability, and risk assessment.
Definition of "Eligible Inventory" as items that qualify as acceptable collateral in financing arrangements, based on specific criteria like valuation and market demand
This definition connects "Eligible Inventory" to financing arrangements.
"Eligible Inventory" refers to items that qualify as acceptable collateral in financing arrangements, based on specific criteria like valuation, market demand, and the ability to be liquidated within a reasonable time frame.
Definition of "Eligible Inventory" as inventory approved for use in a lending agreement, based on its ability to generate sufficient returns or cover potential debts
This definition links "Eligible Inventory" to lending approval.
"Eligible Inventory" refers to inventory approved for use in a lending agreement, based on its ability to generate sufficient returns or cover potential debts, ensuring that the collateral remains valuable over time.
Definition of "Eligible Inventory" as a portion of inventory deemed appropriate for use in financing based on its alignment with contractual terms and lender requirements
This definition ties "Eligible Inventory" to contractual terms.
"Eligible Inventory" refers to a portion of inventory deemed appropriate for use in financing, based on its alignment with contractual terms and lender requirements, ensuring that the inventory meets the lender’s standards for liquidity and value.
Definition of "Eligible Inventory" as the inventory that meets the financial institution's specifications for inclusion in credit facilities or financing deals
This definition connects "Eligible Inventory" to financial institution specifications.
"Eligible Inventory" refers to the inventory that meets the financial institution's specifications for inclusion in credit facilities or financing deals, typically governed by factors such as asset quality, inventory turnover, and the ability to sell or dispose of goods.
Definition of "Eligible Inventory" as the segment of inventory selected for inclusion in financing arrangements, based on the overall marketability and resale value of the goods
This definition links "Eligible Inventory" to marketability and resale value.
"Eligible Inventory" refers to the segment of inventory selected for inclusion in financing arrangements, based on the overall marketability and resale value of the goods, ensuring the inventory can be easily liquidated if required.
Definition of "Eligible Inventory" as the portion of inventory that meets financial criteria for use as collateral in loan agreements
This definition ties "Eligible Inventory" to loan agreements.
"Eligible Inventory" refers to the portion of inventory that meets financial criteria, such as valuation, condition, and marketability, making it eligible for use as collateral in loan agreements or other financing arrangements.
Definition of "Eligible Inventory" as inventory that complies with specific guidelines set by lenders, including liquidity, turnover rate, and market demand
This definition connects "Eligible Inventory" to lender guidelines.
"Eligible Inventory" refers to inventory that complies with specific guidelines set by lenders, including factors like liquidity, turnover rate, and market demand, ensuring the goods are suitable for financing and collateral purposes.
Definition of "Eligible Inventory" as goods within a company’s inventory that are approved for use in securing credit, based on agreed-upon financial terms and conditions
This definition links "Eligible Inventory" to securing credit.
"Eligible Inventory" refers to goods within a company’s inventory that are approved for use in securing credit, based on agreed-upon financial terms and conditions that meet the lender's approval for collateral use.
Definition of "Eligible Inventory" as inventory that is considered valuable and marketable enough to serve as collateral for loans, factoring, or asset-based financing
This definition ties "Eligible Inventory" to asset-based financing.
"Eligible Inventory" refers to inventory that is considered valuable and marketable enough to serve as collateral for loans, factoring, or asset-based financing, providing the necessary security for financial transactions.
Definition of "Eligible Inventory" as inventory that meets valuation standards and other criteria for use in inventory-based financing, ensuring adequate protection for lenders
This definition connects "Eligible Inventory" to inventory-based financing.
"Eligible Inventory" refers to inventory that meets valuation standards and other criteria for use in inventory-based financing, ensuring that it provides adequate protection for lenders and is suitable for loan collateral.
Definition of "Eligible Inventory" as items in stock that qualify under financing or credit arrangements based on the condition, demand, and liquidity of the goods
This definition ties "Eligible Inventory" to stock qualification.
"Eligible Inventory" refers to items in stock that qualify under financing or credit arrangements, based on the condition, demand, and liquidity of the goods, making them suitable for collateral in financing agreements.
Definition of "Eligible Inventory" as a category of inventory that satisfies the requirements set by financial institutions to be used as collateral in a loan or credit agreement
This definition links "Eligible Inventory" to financial institutions' requirements.
"Eligible Inventory" refers to a category of inventory that satisfies the requirements set by financial institutions, such as condition, marketability, and liquidity, allowing it to be used as collateral in a loan or credit agreement.
Definition of "Eligible Inventory" as inventory deemed acceptable by a lender for use in collateralized lending, ensuring the items meet specific criteria for valuation and marketability
This definition connects "Eligible Inventory" to lender acceptance.
"Eligible Inventory" refers to inventory deemed acceptable by a lender for use in collateralized lending, ensuring the items meet specific criteria for valuation, marketability, and liquidity, offering reliable collateral for financial arrangements.
Definition of "Eligible Inventory" as inventory items that are specifically chosen for use as collateral in financing deals due to their stable value and strong sales potential
This definition ties "Eligible Inventory" to collateral selection.
"Eligible Inventory" refers to inventory items that are specifically chosen for use as collateral in financing deals, selected for their stable value, strong sales potential, and ability to generate revenue in a timely manner.
Definition of "Eligible Inventory" as stock or goods that meet the standards required for financing and are suitable for collateral use in securing loans or credit lines
This definition links "Eligible Inventory" to stock standards.
"Eligible Inventory" refers to stock or goods that meet the standards required for financing, ensuring that they are suitable for collateral use in securing loans or credit lines and can be easily liquidated if needed.
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