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.
Safety stock OE Ã¸ safety stock is â¢ defined as the component of total inventory needed to cover unanticipated fluctuation in demand or supply or â¢ Both as the inventory needed to defend against a forecast ERROR Oe Ã¸ hence forecast error is a key driver of safety. stock strategies