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vb (intr) , stocktakes, stocktaking, stocktook or stocktaken
1. (Commerce) to count and check the goods on hand in a shop or business
2. to reassess one's current situation, progress, prospects, etc
3. (Commerce) a count and check of goods on hand in a shop or business
4. a reassessment of one's current situation, progress, prospects, etc
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|Noun||1.||stocktake - an instance of stocktaking; "the auditor did not attend the stocktake or check the valuations"|