{"iri":"https://lexicon.financial/business/bea/InventoryValuationAdjustment","label":"Inventory valuation adjustment (IVA)","definition":"An adjustment made in the national income and product accounts (NIPAs) to corporate profits and to proprietors' income in order to remove inventory \"profits,\" which are more like a capital-gain than profits from current production .","license":"https://www.usa.gov/government-copyright","source":"bea","source_url":"https://www.bea.gov/help/glossary/inventory-valuation-adjustment-iva"}