1. To lease or let for an equivalent, as land for a rent; to yield the use of to proceeds. We are enforced to farm our royal realm. (Shak)
2. To give up to another, as an estate, a business, the revenue, etc, on condition of receiving in return a percentage of what it yields; as, to farm the taxes. To farm their subjects and their duties toward these. (Burke)
3. To take at a certain rent or rate.
4. To devote (land) to agriculture; to cultivate, as land; to till, as a farm. To farm let, to let to farm, to lease on rent.
Origin: Farmed; farming.