Â©Copyright 2004 - 2015 Meaning-of-Names.com-Powered by Swigity, LLC Meaning of Niemann Last Name-Surname-Family Name Niemann.Copyright 2004 - 2015 Meaning-of-Names.com-Powered by Swigity, LLC Meaning of Niemann Last Name-Surname-Family Name Niemann.
open - of a set; containing points whose neighborhood consists of other points of the same set, or being the complement of an open set; of an interval; containing neither of its end points.
Defining Open Inventory. Open inventory, also known as opening inventory, is the amount of inventory that a business has on hand at the beginning of an accounting period, such as a new fiscal year or quarter. Inventory consists of merchandise ready for sale.