Farmout (noun) Definition, Meaning & Examples

noun
  1. an act or instance of farming out or leasing, as land for oil exploration.
  2. something farmed out.
verb (tr, adverb)
  1. to send (work) to be done by another person, firm, etc; subcontract
  2. to put (a child, etc) into the care of a private individual; foster
  3. to lease to another for a rent or fee the right to operate (a business for profit, land, etc) or the right to collect (taxes)
Farmout (noun) Definition, Meaning & Examples

More Definitions