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What does take stock mean?

Looking for the meaning or definition of the word take stock? Here's what it means.

Verb
  1. To scrutinize or size up something; to assess a situation.
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I also dwelt, perhaps overheavily, on certain doubts and reservations, of which even his most devoted admirers must take stock.
As we approach the millennium it seems an appropriate time for OLOC to take stock, to reflect and review where we want to go and how.
Since the film rarely stops to take stock of its overcomplicated story, things can get a little confusing at times.
Times like these also remind us of the need to take stock of our overall financial picture, from insurance to record-keeping to wills.
The aim of strategic assessment is to take stock of the current business situation with a view to realizing the strategic intent.
Once debts are under control, it is advisable to take stock of your savings, and try to put some money away regularly for a rainy day.

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