stocktaking

Definition of Stocktaking in English :

1. stock-taking, stocktaking

reappraisal of a situation or position or outlook

making an itemized list of merchandise or supplies on hand

Example Sentences:
'an inventory may be necessary to see if anything is missing'
'they held an inventory every month'

WordNet Lexical Database for English. Princeton University. 2010.

Stocktaking

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

noun

appraisal, esp. self-appraisal, for the purpose of assessing accomplishments, prospects, etc.

n.

1. A reappraisal of a situation, a person, or one's own position or prospects.

2. The act or process of inventorying merchandise or the supplies on hand.