Definition of stocktake in English:

stocktake

noun

  • 1An assessment and record of the amount of stock held by a business.

    ‘a major annual stocktake’
    1. 1.1 A review and assessment of one's situation and options.
      ‘a project to conduct a stocktake of available methods’

verb

[no object]
  • 1Assess and record the amount of stock held by a business.

    ‘they were stocktaking on that day’
    with object ‘other men were detailed to visit some of the larger farms to stocktake grain’
    1. 1.1 Review and assess one's situation and options.
      ‘it's time to stocktake and assess the extent to which the programme has achieved its promise’

Pronunciation

stocktake

/ˈstɒkteɪk/