Final answer:
The term that refers to goods a company is holding on behalf of the goods' owner is inventory.
Step-by-step explanation:
The term that refers to goods a company is holding on behalf of the goods' owner is inventoryo. Inventory is a category that includes goods that a business has produced but not yet sold to consumers, and are still sitting in warehouses and on shelves. It can consist of various types of goods, such as finished products, raw materials, or components.