noun

1. 1. Obsolete a fixed sum payable at regular intervals, as rent or taxes
   2. the letting out, for a fixed amount, of the collection of taxes, with the privilege of keeping all that is collected
   3. the condition of being let out at a fixed rent
2. a district of a country leased out by a government for the collection of taxes
3. a piece of land (with house, barns, etc.) on which crops or animals are raised: orig., such land let out to tenants
4. any place where certain things are raised a tract of water for raising fish is a fish farm
5. Sports a minor-league team, esp. a baseball team, having an agreement with a major-league team to train its young or inexperienced players
   in full farm club (or team) farm club (or team)

Etymology: ME < OFr ferme < ML firma, fixed payment, farm < firmare, to farm, lease, orig., to make a contract < L, to make firm, secure < firmus, firm

transitive verb

1. to cultivate (land)
2. to cultivate or rear (plants or animals) on a farm
3. to collect the taxes and other fees of (a business) on a commission basis or for a fixed amount
4. to turn over to another for a fee

intransitive verb