ˈ ̷ ̷ˌ ̷ ̷ ̷ ̷ noun
( -s )
1. : the action of checking or taking an inventory of goods or supplies on hand (as in a store or warehouse)
business is interrupted by stocktaking February first — Hosiery & Underwear Review
2. : the action of estimating a situation at a given moment (as by considering resources and weaknesses or ground gained and lost)
a sort of summing up and stocktaking of his career thus far — Kenneth Rexroth