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stocktaking

[stok-tey-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.
Origin of stocktaking
1855-1860
1855-60; stock + taking
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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British Dictionary definitions for stocktaking

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
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
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