Definition of equity stock in English:
Capital stock, either common stock or preferred stock.
- Through USDA's Cooperative Stock Purchase Program, more than 480 growers financed their purchase of $200-per-acre equity stock in the co-op.
- The contract calls for the equity stock purchase to be paid at 55¢ a share, which is substantially above the current trading price - 14¢ a share on Sept. 27.
- Iowa cattle producers, with the help of low-interest loans from the state to finance equity stock purchases, have formed Iowa Quality Beef Supply Network, a new cooperative.
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