Stock
Term · Environment · MLC-T-ENV-026827
1. a term for unprinted paper.
2. A stock variable represents a quantity existing at a point in time, which may have accumulated or been produced in the past. Units of measurement are typically expressed in levels - e.g., wealth (dollars), physical assets (number of machines), and nutrient concentration (milligrams per liter) -- that are present at a specific point in time. Economic goods can be represented as a stock when they are accumulated, stored, or stockpiled-- e.g., the stock of produce in a grocery store's inventory at the beginning of the year. Natural capital is also a stock concept, representing the level wealth embodied within natural systems at a point in time. Context: The distinction between "stocks" and "flows" is an essential concept for measuring natural capital (which is a stock concept) and the contributions of natural capital to human well-being (which is a flow concept).
| Identifier | MLC-T-ENV-026827 |
|---|---|
| Field | Environment |
| Subject | Ecosystems |
| References | Communications Stylebook Glossary; National Ecosystem Classification System (NESCS) Plus Glossary |
Record as JSON
{
"id": "MLC-T-ENV-026827",
"term": "Stock",
"field": "Environment",
"definition": "1. a term for unprinted paper.\n\n2. A stock variable represents a quantity existing at a point in time, which may have accumulated or been produced in the past. Units of measurement are typically expressed in levels - e.g., wealth (dollars), physical assets (number of machines), and nutrient concentration (milligrams per liter) -- that are present at a specific point in time. Economic goods can be represented as a stock when they are accumulated, stored, or stockpiled-- e.g., the stock of produce in a grocery store's inventory at the beginning of the year. Natural capital is also a stock concept, representing the level wealth embodied within natural systems at a point in time. Context: The distinction between \"stocks\" and \"flows\" is an essential concept for measuring natural capital (which is a stock concept) and the contributions of natural capital to human well-being (which is a flow concept).",
"subject": "Ecosystems",
"references": [
"Communications Stylebook Glossary",
"National Ecosystem Classification System (NESCS) Plus Glossary"
],
"url": "https://mlchart.com/terminology/environment/stock/"
}
Record 26,827 of 30,736 in Environment terminology (MLC-0121). Request the full dataset.