<p><strong>Noun</strong></p><ul><li>a tract of land, usually with a house, barn, silo, etc., on which crops and often livestock are raised for livelihood.</li><li>land or water devoted to the raising of animals, fish, plants, etc.: a pig farm; an oyster farm; a tree farm.</li><li>a site, usually commercial, where a product is manufactured or cultivated: a cheese farm; a honey farm.</li><li>the system, method, or act of collecting revenue by leasing a territory in districts.</li><li>a country or district leased for the collection of revenue.</li><li>a fixed yearly amount payment of money or goods, accepted in lieu of taxes owed.</li><li>a tract of land on which an industrial function is carried out, such as the drilling or storage of oil or the generation of electricity by solar power.</li><li>Informal: Often Disparaging and Offensive. a place or business that serves a specified type of client or customer: Sending people to so-called fat farms rarely increases their health. Gone are the days when inpatient mental health care was commonly referred to as the “funny farm.”</li><li>a business or place that turns out specified products or services in the manner of a factory; a mill: an online content farm.</li><li>English History. the rent or income from leased property.</li><li>the condition of being leased at a fixed rent; possession under lease; a lease.</li><li>Also called farm team. Chiefly Baseball. a team in a minor league that is owned by or affiliated with a major-league team, for training or keeping players until ready or needed.</li><li>Obsolete. a fixed yearly amount payable in the form of rent, taxes, or the like.</li></ul><p><strong>Verb</strong></p><ul><li>to cultivate (land).</li><li>to raise (animals, fish, plants, etc.) on land or in water.</li><li>to take the proceeds or profits of (a tax, undertaking, etc.) on paying a fixed sum.</li><li>to let or lease (taxes, revenues, an enterprise, etc.) to another for a fixed sum or a percentage (often followed by out).</li><li>to let or lease the labor or services of (a person) for hire.</li><li>to contract for the maintenance of (a person, institution, etc.): The county farms its poor.</li><li>(in a video game) to collect (valuable items) for a character’s use or to sell in the game’s virtual economy by repeatedly performing a task for a reward or killing an enemy for a dropped item: I farm crafting supplies just to sell them at the auction house.</li><li>(used without object) to cultivate the soil; operate a farm.</li><li><strong>Verb Phrase:</strong> to assign (work, privileges, or the like) to another by financial agreement; subcontract; lease: The busy shipyard farmed out two construction jobs to a smaller yard.</li><li>to assign the care of (a child or dependent person) to another: She farms her elderly aunt out to a retired nurse during the workweek.</li><li>Chiefly Baseball. to assign (a player) to a farm.</li><li>to exhaust (farmland) by overcropping.</li><li>to drill (oil or gas wells), especially by subcontract on land owned or leased by another.</li></ul>