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.
stock (stÅk) n. 1. A supply accumulated for future use; a store. 2. The total merchandise kept on hand by a merchant, commercial establishment, warehouse, or manufacturer. 3. a. All the animals kept or raised on a farm; livestock.