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homesteading
home·stead H0253400 (hōm′stĕd′)n.1. A house, especially a farmhouse, with adjoining buildings and land.2. Law Property qualifying as a person's home under certain laws, such as laws providing tax abatements and exemptions, survivorship rights for spouse and children, and immunity from claims of creditors.3. Land claimed by a settler or squatter, especially under the Homestead Act.4. The place where one's home is.v. home·stead·ed, home·stead·ing, home·steads v.intr. To settle and farm land, especially under the Homestead Act.v.tr. To claim and settle (land) as a homestead.
home′stead′er n.homesteading (ˈhəʊmˌstɛdɪŋ) (in Britain) n (Social Welfare) a. a scheme whereby council tenants are enabled to buy derelict property from the council and renovate it with the aid of Government grantsb. (as modifier): a homesteading scheme. Homesteading
HomesteadingThe process of acquiring land by occupying and using it; may be done through the Homestead Act or without official sanction.FinancialSeehomestead |