Farm Out

What Preps said to make fun of the term "Far Out". This also corrisponded with "Right Arm"

"farm out, you dope smoking hippies"

by Immortal-Jake May 18, 2006

farm out

A contractual agreement with an owner who holds a working interest in an oil and gas lease to assign all or part of that interest to another party in exchange for fulfilling contractually specified conditions. The farmout agreement often stipulates that the other party must drill a well to a certain depth, at a specified location, within a certain time frame; furthermore, the well typically must be completed as a commercial producer to earn an assignment. The assignor of the interest usually reserves a specified overriding royalty interest, with the option to convert the overriding royalty interest to a specified working interest upon payout of drilling and production expenses, otherwise known as a back-in after payout (BIAPO).

There's nothing more satisfying for middle management than being the decision maker on a farm out.

by Delhi Kedi May 5, 2009

Farm Out

Giving your dog up to a farm because he can't function in an urban environment.

" I love the little bastard with all my heart, but I had to farm out little Boo. He couldn't take being cooped in that apartment all the time. Christ, I miss him."

by Bess Dreary July 21, 2006

farm it out

to send work to someone to be done away from one's normal place of business; to subcontract work.

You need to investigate her. Don't farm it out.

by Planetecc December 5, 2016

Blastin' out da Farm

An event that takes place each month, sometimes as many as twice a week, that involves the get-together of many heavily trained men and women to fight each other to the death, usually ending in a dual from The farm to the transport vehicles. Typical weapons for this gunfight include: SW Combat Shotguns, SW Sniper Rifles, Desert Eagle .44 Magnums, Colt .45's and most memorably M16's. Much money is spent on this event.

-Hey man, did you hear the results from when when we were blastin' out da farm?

by SARGEANT JOHNSON, BITCH April 13, 2008

outdated farm equipment

Slang term for black people.

Markett: Dayyyum (damn) this rap music be hardcore.

John: Quiet, you piece of outdated farm equipment.

Markett: What the @#!~ you just say?

by FuzZo July 17, 2006