Crop Weather index insurance: With this type of insurance, the indemnity is based on realizations of a specific weather parameter measured over a pre-specified period of time at a particular weather station or for a given satellite grid.
Definition of stock for English Language Learners. : 1  the supply of goods available for sale in a store. : 2  a supply of something that is available for use. : 3  a share of the value of a company which can be bought, sold, or traded as an investment.
Full Definition of EQUIPMENT. 1. a: the set of articles or physical resources serving to equip a person or thing: as (2) : all the fixed assets other than land and buildings of a business enterprise (3) : the rolling stock of a railway b: a piece of such equipment.2.a: the equipping of a person or thing b: the state of being equipped.3.. a: the set of articles or physical resources serving to equip a person or thing: as (2) : all the fixed assets other than land and buildings of a business enterprise (3) : the rolling stock of a railway b: a piece of such equipment. 2. a: the equipping of a person or thing b: the state of being equipped. 3.