When you first come across of an item, it's described and a record added to the encyclopaedia. But after that it seems that there is no way of telling what an item is. There is no tooltips neither on quick-slots nor when you open inventory. The game does not tell you what it is you are holding even if you have something "in hand". Basically I can see no way of linking an item that I see on the screen to the encyclopaedia description of the item. If I could somehow find out *the name* of the item, I would not have this problem.
Now, you can tell, well when you see a hammer, don't you know that it's a hammer not a sickle? Well yes, with hammer it works. But there are other items in the game not-so-easily identifiable visibly.
So am I missing something? Is there a way to identify items in your inventory?