stocktaking

American  

[stok-tay-king] / ˈstɒkˌteɪ kɪŋ /

noun

1. the examination or counting over of materials or goods on hand, as in a stockroom or store.

2. the act of appraising a present situation, condition, degree of progress, etc., in terms of accomplishments and ultimate goals.

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stocktaking British  

/ ˈstɒkˌteɪkɪŋ /

noun

1. the examination, counting, and valuing of goods on hand in a shop or business

2. a reassessment of one's current situation, progress, prospects, etc

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Etymology

Origin of stocktaking

First recorded in 1855–60; stock + taking

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Example Sentences

See Examples For:

stocktaking

The report is the fifth annual stocktaking on food insecurity and hunger by U.N. agencies including the FAO, UNICEF, World Health Organization and World Food Program.

From Seattle Times ● Jan. 23, 2023

With devolution now entering a second decade, it may be the right time for stocktaking - to understand what has worked and what hasn't in these decentralised units.

From BBC ● Sep. 9, 2022

The WTO's main body the General Council met on Thursday behind closed-doors for a "stocktaking" session before the conference.

From Reuters ● Jun. 7, 2022

Is the patient, persistent, stocktaking act of rapping itself still helping him reassemble his life?

From Washington Post ● Mar. 23, 2021

And now there would be a surprise stocktaking in her new ward: the seven surplus pillow-cases—and perhaps other loot—would have to be explained.

From Observations of an Orderly Some Glimpses of Life and Work in an English War Hospital by Ward Muir

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