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.
8. characterized by or proceeding from unsafe business methods: wildcat stocks. 9. of or pertaining to an illicit enterprise or product. 10. running without control or regulation, as a locomotive, or apart from the regular schedule, as a train.