Take stock of means to ASSESS, LOOK at, and size up a situation. It is an expression used to describe the process of evaluating something in order to gain an understanding of it. The crossword solutions for this term are ASSESS (6 letters), LOOK (4 letters), and SIZEUP (6 letters). ASSESS is to evaluate or judge something based on criteria or standards. LOOK is to use one's eyes to observe something. SIZEUP is to examine or consider something in order to form an opinion or make a judgment. Together, these three words describe the process of taking stock of a situation.