Definitions from Black's Law Dictionary: 2nd Edition and Ballentine's Law Dictionary as are available for each term in each dictionary.
  • Ballentine's Law Dictionary

    An estate for years; rent reserved in a lease.

  • Black's Law Dictionary: 2nd Edition

    n. A certain amount of provision reserved as the rent of a messuage. Spelman. Rent generally which is reserved on a lease; when it was to be paid in money, it was called, "blanche flrme." Spelman; 2 Bl. Comm. 42. A term, a lease of lands; a leasehold interest 2 BL Comm. 17; 1 Reeve, Eng. Law, 301, note. The land itself, let to farm or rent. 2 Bl. Comm. 368. A portion of land used for agricultural purposes, either wholly or in part. The original meaning of the word was "rent," and by a natural transition it came to mean the land out of which the rent issued. In old English law. A lease of other things than land, as of imposte. There were several of these, such as "the sugar farm," "the silk farm," and farms of wines and currents, called "petty farms." See 2 How. State Tr. 1197-1206. In American law. "Farm" denotes a tract of land devoted in part, at least, to cultivation, for agricultural purposes, without reference to its extent, or to the tenure by which it is held. In re Drake (D. C.) 114 Fed. 231; People ex rel. Rogers v. Caldwell, 142 III. 434, 32 N. E. 691; Kendall v. Miller, 47 How. Prae. (N. Y.) 448; Com. v. Carmalt, 2 Bin. (Pa.) 238.

  • Black's Law Dictionary: 2nd Edition

    v. To lease or let; to demise or grant for a limited term and at a stated rental.
    —Farm let. Operative words in a lease, which strictly mean to let upon payment of a certain rent In farm;i. e., in agricultural produce.
    —Farm out., To let for a term at a stated rental. Among the Romans the collection of revenue was farmed out, and in England taxes and tolls sometimes are.