Simple Definition of stocktaking
: the activity or process of thinking about a problem or situation in order to decide what to do
: the act or process of making a complete list of the items or things that are in a place
Full Definition of stocktaking
1 : the action of estimating a situation at a given moment
2 : inventory 4
Examples of stocktaking in a sentence
It is time for a stocktaking.
First Known Use of stocktaking
Learn More about stocktaking
Britannica English: Translation of stocktaking for Arabic speakers
Seen and Heard
What made you want to look up stocktaking? Please tell us where you read or heard it (including the quote, if possible).