Meaning of “stocktaking” in the English Dictionary


"stocktaking" in English

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stocktakingnoun [ U ]

uk /ˈstɒkˌteɪ.kɪŋ/ us /ˈstɑːkˌteɪ.kɪŋ/ UK US inventory

the counting of all the goods, materials, etc. kept in a place such as a shop

(Definition of “stocktaking” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"stocktaking" in Business English

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stocktakingnoun [ U ]

also stock-taking, stock taking uk /ˈstɒkˌteɪkɪŋ/ us /ˈstɑːk-/ UK

ACCOUNTING, PRODUCTION, COMMERCE the activity of counting the goods or materials owned by a company or available for sale in a store at a particular time:

The car maker will stop its production lines for three days next week for stocktaking.
She's doing stocktaking.

(Definition of “stocktaking” from the Cambridge Business English Dictionary © Cambridge University Press)