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.
The Definition of a Stock / Stock Certificate. A certificate establishing ownership of a stated number of shares in a corporations stock. Plain and simple, stock is a share in the ownership of a company. Stock represents a claim on the companys assets and earnings. As you acquire more stock, your ownership stake in the company becomes greater.