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.
Definition: Stock management largely refers to when a company works to obtain and preserve a suitable assortment of goods while also keeping track of all orders, shipping and handling, and other related costs. Primarily, stock management is about specifying the size and placement of the goods that a company has in stock.