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 stock index is a measure of the overall performance of a stock market, based on a group of stocks that are meant to represent the market as a whole. The Dow Jones Industrial Average, or Dow, is one of the most common stock indexes used to gauge the performance of the U.S. stock market.