FARMING OPERATION

farming operation.Bankruptcy. A business engaged in farming, tillage of soil, dairy farming, ranching, raising of crops, poultry, or livestock, and production of poultry or livestock products in an unmanufactured state. 11 USCA § 101(21). See CHAPTER12. [Cases: Bankruptcy 2021.1.][Blacks Law 8th]

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FARMERS’ HOME ADMINISTRATION

Farmers’ Home Administration.An agency, formerly in the U.S. Department of Agriculture, responsible for making mortgages and insuring loans to farmers and for funding rural public-works projects. • The agency was abolished in 1994, and its functions were assumed by other agencies in the Department. — Abbr. FmHA; FHA. [Cases: United States 53(7). C.J.S. United States…

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FARMER

  farmer. A person engaged in the business of farming. family farmer.A person or entity whose income and debts primarily arise from a family-owned and -operated farm; esp., person who received more than 80% of gross income from a farm in the taxable year immediately preceding a Chapter 12 filing. • Only a family farmer…

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FARM CREDIT ADMINISTRATION

Farm Credit Administration.An independent federal agency that regulates and examines the borrower-owned banks and cooperative associations that make up the federal farm credit system. • The agency was created in 1929 under the title “Federal Farm Board,” became an agency in the Department of Agriculture in 1933, and again became independent in 1971. — Abbr.…

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FARM

farm,n.1. Land and connected buildings used for agricultural purposes. 2.Hist. Rent. • By extension, the term came to mean the land for which the rent was paid. — Also termed and spelled ferm; fearm; firme. farm,vb. 1. To cultivate land; to conduct the business of farming. 2. To lease. See FARM OUT.[Blacks Law 8th]

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FARLEY

farley (fahr-lee).Hist. Money paid by a tenant in lieu of a chattel (or heriot). • The term invariably referred to a tenant in the west of England. See HERIOT.[Blacks Law 8th]

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