Stock In Trade Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Stock In Trade, written in plain English, along with examples of how it is used.

What is Stock In Trade?

(n) Stock in trade is the collection of goods, inventories and merchandise, maintained by a business entity for the purpose of using them for processing, making salable goods or for selling to the customers with an intention to make profit from such deals.