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 take is a count of the business inventory on hand, typically done at the end of the financial year, though some businesses may do it more regularly.What this does is provide the business with an accurate idea of the number of stock items that it owns.This allows your accountant to reconcile physical stock to the inventory records, highlights variances, and perhaps identifies issues with stock management and control. Write-off sheets, make sure you check the condition of the inventory as you count. 2  Pens, in different colours. 3  The audit trail can be easily followed if the first counter uses a blue pen, second counter uses a red pen, and the sheets are submitted to the stock take coordinator who uses a purple pen.