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stocktaking

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noun stock·tak·ing \ˈstäk-ˌtā-kiŋ\

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

Source: Merriam-Webster's Learner's Dictionary

Full Definition of stocktaking

  1. 1 :  the action of estimating a situation at a given moment

  2. 2 :  inventory 4

Examples of stocktaking in a sentence

  1. It is time for a stocktaking.



1851

First Known Use of stocktaking

1851


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