A description or report made by an executor or administrator of all the assets of the deceased, which the executor/administrator is bound to deliver to the Court of Probate, if and when thereunto lawfully required.
A detailed list of articles of property; a list or schedule of property, containing a designation or description of each specific article; an itemized list of the various articles constituting a collection, estate, stock In trade, etc., with their estimated or actual values. In law, the term is particularly applied to such a list made by an executor, administrator, or assignee in bankruptcy.
“An enlarged construction of the term ‘inventory’ properly includes such money as ‘assets accounted for by the administrator.'” Handy v. Collins, 60 Md. 229, 244-45 (1883)