farmoutn.

Brit.

/ˈfɑːmaʊt/, U.S.

/ˈfɑrˌmaʊt/

Origin: Formed within English, by conversion. Etymon: to farm out at farm v.² Phrasal verbs.

Etymology: < to farm out at farm v.² Phrasal verbs. Compare farm-in n.

Originally U.S.

a. The action or an act of transferring ownership of, or responsibility for, an asset to another organization.

ΚΠ

1906 Washington Post 21 Mar. 3/8 The grand jury this afternoon..began an investigation of the farmout out of county funds, which State Auditor Guilbert has informed the county officials constituted embezzlement.

2015 Deal Pipeline (Nexis) 18 Nov. The company is actively evaluating its options at this time, including a potential farmout of assets.

b. spec. Chiefly U.S. An agreement transferring rights for drilling oil or gas wells on a given tract of land from the owner to another party; (also) a well or tract of land to which such a lease applies.

ΚΠ

1941 W. A. Ver Wiebe Explor. Oil & Gas W. Kansas 1940 104 A wildcat well was drilled north of the abandoned McCarty pool. It is the McKnab No. 1 Minet Estate well in sec. 15, T. 25 S., R. 17 W., a farmout from the Amerada Oil Company.

1975 Bakersfield Californian 7 May 24/1 Santa Fe has negotiated farmouts from Hanover.., which will involve the company's participation in at least 19 exploratory wells.

2005 A. Cockrell Drilling Ahead ii. 18 The farmout arrangement offers the advantage of allowing someone who owns leases but is reluctant to drill them to convey those leases to someone who wants to drill but doesn't have them.

2. Originally and chiefly Baseball. In early use: an arrangement whereby a major league player is loaned to a minor league team; (now) one in which a player under contract with a major league team is assigned to an affiliated minor league team, typically for further training and development. Also: a player that has been loaned or assigned under such an arrangement. Now historical and rare.

ΚΠ

1910 Galveston (Texas) Daily News 22 May 15/1 With the loss of Hornhorst, whom Manager Leidy secured from Atlanta on a farmout deal, the Bronchos are without a first baseman.

1911 Washington Post 2 July 2/3 Because of possibility of a suspension hanging over his head at Columbia in the South Atlantic League, Rodney McCathran, one of Connie Mack's farm-outs,..will not be able to return to the Athletics.

2015 H. Araton Crashing Borders x. 188 Stern also bargained for so-called farm-out rights, allowing teams a two-year window to assign a young player to the developmental league.

This entry has been updated (OED Third Edition, June 2020; most recently modified version published online March 2022).

单词	farmout
释义	farmoutn. Brit. /ˈfɑːmaʊt/, U.S. /ˈfɑrˌmaʊt/ Origin: Formed within English, by conversion. Etymon: to farm out at farm v.² Phrasal verbs. Etymology: < to farm out at farm v.² Phrasal verbs. Compare farm-in n. Originally U.S. 1. a. The action or an act of transferring ownership of, or responsibility for, an asset to another organization. ΚΠ 1906 Washington Post 21 Mar. 3/8 The grand jury this afternoon..began an investigation of the farmout out of county funds, which State Auditor Guilbert has informed the county officials constituted embezzlement. 2015 Deal Pipeline (Nexis) 18 Nov. The company is actively evaluating its options at this time, including a potential farmout of assets. b. spec. Chiefly U.S. An agreement transferring rights for drilling oil or gas wells on a given tract of land from the owner to another party; (also) a well or tract of land to which such a lease applies. ΚΠ 1941 W. A. Ver Wiebe Explor. Oil & Gas W. Kansas 1940 104 A wildcat well was drilled north of the abandoned McCarty pool. It is the McKnab No. 1 Minet Estate well in sec. 15, T. 25 S., R. 17 W., a farmout from the Amerada Oil Company. 1975 Bakersfield Californian 7 May 24/1 Santa Fe has negotiated farmouts from Hanover.., which will involve the company's participation in at least 19 exploratory wells. 2005 A. Cockrell Drilling Ahead ii. 18 The farmout arrangement offers the advantage of allowing someone who owns leases but is reluctant to drill them to convey those leases to someone who wants to drill but doesn't have them. 2. Originally and chiefly Baseball. In early use: an arrangement whereby a major league player is loaned to a minor league team; (now) one in which a player under contract with a major league team is assigned to an affiliated minor league team, typically for further training and development. Also: a player that has been loaned or assigned under such an arrangement. Now historical and rare. ΚΠ 1910 Galveston (Texas) Daily News 22 May 15/1 With the loss of Hornhorst, whom Manager Leidy secured from Atlanta on a farmout deal, the Bronchos are without a first baseman. 1911 Washington Post 2 July 2/3 Because of possibility of a suspension hanging over his head at Columbia in the South Atlantic League, Rodney McCathran, one of Connie Mack's farm-outs,..will not be able to return to the Athletics. 2015 H. Araton Crashing Borders x. 188 Stern also bargained for so-called farm-out rights, allowing teams a two-year window to assign a young player to the developmental league. This entry has been updated (OED Third Edition, June 2020; most recently modified version published online March 2022). < n.1906
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