This word is acceptable for play in the US & UK dictionaries that are being used in the following games:

• Lexulous
• Wordscraper
• Wordosaur

n. A reappraisal of a situation, a person, or one's own position or prospects.

n. The act or process of inventorying merchandise or the supplies on hand.

n. the act of taking an inventory of merchandise etc.

n. the reappraisal of a situation or of one's prospects

n. reappraisal of a situation or position or outlook

n. making an itemized list of merchandise or supplies on hand

"To meet the mid-1998 deadline, South Africa and the EU agreed to convene a "stocktaking" ministerial meeting early in February to review progress made so far in negotiations."

reappraisal    revaluation    reassessment    review   

take stock