farmout

[fɑːm-aʊt]

farmout Definition

  • 1to send work to be done by someone outside a company or organization
  • 2to lease land, equipment, or other assets to another person or company

Using farmout: Examples

Take a moment to familiarize yourself with how "farmout" can be used in various situations through the following examples!

  • Example

    The company decided to farm out their customer service department to a third-party agency.

  • Example

    We can farm out the printing job to a local vendor.

  • Example

    The landlord decided to farm out the land to a tenant for agricultural purposes.

farmout Synonyms and Antonyms

Synonyms for farmout

Phrases with farmout

  • to subcontract work to an external party

    Example

    We need to farm out some of the work to meet the deadline.

  • to lease land to another person or company

    Example

    The owner decided to farm out the land to a tenant for grazing purposes.

  • to lease equipment to another person or company

    Example

    The construction company decided to farm out the heavy equipment to a subcontractor.

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Summary: farmout in Brief

The verb 'farmout' [fɑːm-aʊt] refers to sending work to be done by someone outside a company or leasing land, equipment, or other assets to another person or company. It is often used in business contexts and can be synonymous with 'outsource' or 'subcontract.' Examples include 'The company decided to farm out their customer service department to a third-party agency,' and 'We can farm out the printing job to a local vendor.'