stocktaking

[ stok-tey-king ]
/ ˈstɒkˌteɪ kɪŋ /

noun

the examination or counting over of materials or goods on hand, as in a stockroom or store.
the act of appraising a present situation, condition, degree of progress, etc., in terms of accomplishments and ultimate goals.

QUIZZES

FOR POSTERITY’S SAKE, TAKE THIS WORD OF THE DAY QUIZ!

Are words your bailiwick? Take the latest quiz on the words from July 6 to July 12 to find out.
Question 1 of 7
bailiwick

Origin of stocktaking

First recorded in 1855–60; stock + taking
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

Example sentences from the Web for stocktaking

British Dictionary definitions for stocktaking

stocktaking
/ (ˈstɒkˌteɪkɪŋ) /

noun

the examination, counting, and valuing of goods on hand in a shop or business
a reassessment of one's current situation, progress, prospects, etc
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012