UCC § 9-102(a)(48) "Inventory" means goods, other than farm products, which: are leased by a person as lessor; are held by a person for sale or lease or to be furnished under a contract of service; are furnished by a person under a contract of service; or consist of raw materials, work in process, or materials used or consumed in a business.
"Inventory" means goods, other than farm products, which: