What does the cryptic crossword clue "One of the horses departs after stock's reduced (5)" mean?

The definition is "One of the horses". The wordplay uses charade, deletion. D (synonym of "departs") + EQUIP (synonym of "stock's") [deletion: "reduced"]; definition: "One of the horses" The answer is EQUID.

One of the horses departs after stock's reduced (5)

Times Cryptic #29123 | 1 Down | 2025-01-10 flower

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