stocktaking

[stok-tey-king]

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.

stocktaking

/ 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

Word History and Origins

Origin of stocktaking¹

First recorded in 1855–60; stock + taking

Example Sentences

Japanese company Fujitsu developed the Horizon system for tasks such as accounting and stocktaking and it was introduced by the Post Office in 1999.

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Horizon was developed by the Japanese company Fujitsu, for tasks such as accounting and stocktaking.

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Ultimately this element of the project was dropped and the system was rolled out in 1999 for tasks like accounting and stocktaking instead.

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The system was developed by the Japanese company Fujitsu for tasks like accounting and stocktaking.

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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.

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