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.
Raw materials stock. Raw materials stock is the total value of all of a companyâs raw materials currently in stock which have not entered work-in-process or finished goods production yet. The value of a companyâs stock of raw materials appears as a current asset on the companyâs balance sheet. Initially, raw materials are recorded into a stock asset account by debiting to the raw materials stock account and crediting the accounts payable account.