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What is a stocktake?

What is a stocktake? Here are some definitions.

Noun
  1. (Britain) An event in which stock is taken of something
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Examples
The European Year against poverty in 2010 is a crucial moment, to stocktake on progress made and to implement a social pact with decision-makers on the necessary future measures to eradicate poverty.
The director of Erfurt Zoo in Germany immediately resigned after the practice was uncovered in a stocktake of animals.
How do you perform a stocktake of a nation's cultural power?
The exception reports gave the closest reckoning of the collection that I have seen since performing stocktake with catalogued cards all those years ago.
At Education and the Home Office, he would see Blair every six to eight weeks for stocktake meetings to review progress towards targets.
On December 8th the EU agreed to open just one new chapter, on the environment. This week's annual stocktake on progress with Turkey was gloomy.

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