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

It was my week's stocktaking that I told this particular lie about, and Kitty never knew when that temporary job came to an end.

From Project Gutenberg

As the new year approached Reynolds asked if there was to be any stocktaking, and, if so, on what lines it should be done?

From Project Gutenberg

But indeed, if the loss of a single duster were the sole crime revealed on stocktaking day, you would be fortunate.

From Project Gutenberg

Preston and Paul had been going carefully through their books, and had been engaged in what might be termed a kind of stocktaking.

From Project Gutenberg

The stocktaking is nothing; but I was afraid I might get another that would stiffen me properly.

From Project Gutenberg