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.
Inventory or stock refers to the goods and materials include that a business holds for the ultimate purpose of resale (or repair). Inventory management is a science primarily about specifying the shape and percentage of stocked goods. It is required at different locations within a facility or within many locations of a supply network to precede the regular and planned course of production and stock of materials.