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. 1  a former instrument of punishment consisting of a framework with holes for securing the ankles and, sometimes, the wrists, used to expose an offender to public derision. Compare pillory (def 1). 2  a frame in which a horse or other animal is secured in a standing position for shoeing or for a veterinary operation.