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.
a supply of goods kept on hand for sale to customers by a merchant, distributor, manufacturer, etc.; inventory. a quantity of something accumulated, as for future use: a stock of provisions. livestock. Theater. a stock company: a job in summer stock.