borrower stock
Defined in 1 dictionary — U.S. Code
United States Code
12 U.S.C. § 2162 — for purposes of this section
The term “borrower stock” means voting and nonvoting stock, equivalent contributions to a guaranty fund, participation certificates, allocated equities, and other similar equities that are subject to retirement under a revolving cycle issued by any System institution and held by any person other than any System institution.