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Simple English definitions for legal terms
farm
Read a random definition: sealed instrument
A quick definition of farm:
Farm: Land and buildings used for growing crops and raising animals. It can also mean the land that is rented for farming. To farm is to work on the land and take care of the animals. Farming can also mean renting out land to someone else to use for a period of time. Farming too much of the same crop can make the land tired and unable to grow anything else.
A more thorough explanation:
Farm (noun): Land and buildings used for farming. It can also refer to the land for which rent is paid.
Farm (verb): To cultivate land and conduct the business of farming. It can also mean to lease land to someone else.
Farm out (verb): To transfer the right to perform a task or lease land to someone else.
Farm (noun): The family owned a 100-acre farm where they grew crops and raised livestock. The rent for the farm was $5000 per year.
Farm (verb): John decided to farm his land and grow vegetables to sell at the local market. He also leased a portion of his land to his neighbor for grazing cattle.
Farm out (verb): The oil company decided to farm out the drilling of a new well to a smaller company with more experience in that area.
The examples illustrate the different meanings of the term "farm". The first example shows the noun form of the term, referring to land and buildings used for farming. The second example shows the verb form of the term, referring to the act of cultivating land and conducting the business of farming. The third example shows the phrasal verb "farm out", which means to transfer the right to perform a task or lease land to someone else.