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stocktaking

Syllabification: stock·tak·ing
Pronunciation: /ˈstäkˌtākiNG
 
/

Definition of stocktaking in English:

noun

1The action or process of recording the amount of stock held by a business: the store is closed for stocktaking
More example sentences
  • The wide-ranging exercise is believed to have involved stocktaking of products, including food and drinks, an examination of the tax status of employees and the sale of band-related merchandise.
  • With the stocktaking and facility inspection process over at RAAF Base Learmonth, the convoy then made a beeline for RAAF Base Curtin, near Derby.
  • Some were garbled articles from various encyclopaedias, about international politics, about online democracy, about computerised supermarket stocktaking, about kwashiorkor and other kinds of malnutrition.
1.1The action of reviewing and assessing one’s situation and options: she had some mental stocktaking to do
More example sentences
  • Week 52 is traditionally a time for contemplating the success or otherwise of the previous 12 months, but followers of our international football team might just prefer to give the mental stocktaking a miss this time around.
  • Fortunately, the government has finally woken up to the situation and has announced a long overdue stocktaking of adoption agencies and a review of adoption procedures.
  • ‘The opportunity presents itself now to perform such a stocktaking exercise in order to ensure that the balance and strategic direction which we have put in place is the right one,’ he said when he set up the group.

Derivatives

stocktake

1
noun
Example sentences
  • It seems the new team ‘leader’ couldn't lead her way out of a paper bag, and totally screwed up the stocktake (which I gleefully had managed to miss), and so I had to completely redo it.
  • Last year, when we were busy with stocktake and had millions of tasks to do, the French co-ordinator dumped sixty books on us and claimed they were urgent, with every staff member needing to take one home before the end of the year.
  • Initially, there is a physical stocktake of the existing facilities and equipment, to obtain specific information about the condition of dental clinics and equipment.

stocktaker

2
Pronunciation: /-ˌtākər/
noun
Example sentences
  • Already it has been advertising for part-time stocktakers in the York area with good maths skills, using the York Job Centre as a clearing base for applications.
  • There were stocktakers at the Cheney Manor headquarters but nobody from the George Davis management.
  • People are often reluctant to employ a professional stocktaker because of concern for the cost involved.

Words that rhyme with stocktaking

piss-taking

Definition of stocktaking in:

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Word of the day emulous
Pronunciation: ˈɛmjʊləs
adjective
seeking to emulate someone or something