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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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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.
The aim of strategic assessment is to take stock of the current business situation with a view to realizing the strategic intent.
Many have been selling shares that they don't own in the expectation that they will be able to take stock in the placing to cover their position.
As a military officer, I'm trained to take stock of my situation constantly.
Since the film rarely stops to take stock of its overcomplicated story, things can get a little confusing at times.
Now is the time to take stock and think about what needs to be done for customers, employees and job applicants.

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