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.
Definitions (2). 1. Stock of a large, national company with a solid record of stable earnings and/or dividend growth and a reputation for high quality management and/or products. These stocks are expected to provide their investors with a sizeable return despite the ups and downs of the economy. 2.