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.

Origin of stocktaking

First recorded in 1855–60; stock + taking
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples 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