Revenue Farm

Revenue Farm

A Revenue Farm is a franchise with a license to collect state revenue, with a monopoly right to practice a certain business. Such a monopoly was granted by the state government to a "Farmer" for a limited period of time in a strictly defined location in a city, district or province. In return, the farmers/bidders had to pay the government in advanced to be guaranteed monopoly status [Ngo, Tak-Wing. [1999] (1999). Hong Kong's History: State and Society Under Colonial Rule. United Kingdom: Routledge. ISBN 0415203058.] .

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  • Farm — Farm, v. t. [imp. & p. p. {Farmed}; p. pr. & vb. n. {Farming}.] 1. To lease or let for an equivalent, as land for a rent; to yield the use of to proceeds. [1913 Webster] We are enforced to farm our royal realm. Shak. [1913 Webster] 2. To give up… …   The Collaborative International Dictionary of English

  • farm|ing — «FAHR mihng», noun, adjective. –n. 1. the occupation or business of raising crops or animals on a farm; agriculture. SYNONYM(S): husbandry, tillage. 2. the practice of letting out the collection of public revenue. 3. the condition of being let… …   Useful english dictionary

  • Farm — For other uses, see Farm (disambiguation). Farmland in the USA. The round fields are due to the use of center pivot irrigation …   Wikipedia

  • farm — farmable, adj. /fahrm/, n. 1. a tract of land, usually with a house, barn, silo, etc., on which crops and often livestock are raised for livelihood. 2. land or water devoted to the raising of animals, fish, plants, etc.: a pig farm; an oyster… …   Universalium

  • farm — /fam / (say fahm) noun 1. a tract of land devoted to agriculture. 2. a farmhouse. 3. a tract of land or water devoted to some other industry, especially the raising of livestock, fish, etc.: a chicken farm; an oyster farm. 4. the system, method,… …  

  • farm — [[t]fɑrm[/t]] n. 1) agr. a tract of land, usu. with a house, barn, silo, etc., on which crops and often livestock are raised for livelihood 2) agr. land or water devoted to the raising of animals, fish, plants, etc.: a pig farm; an oyster… …   From formal English to slang

  • Revenue Act of 1913 — The United States Revenue Act of 1913 also known as the Tariff Act, Underwood Tariff, or Underwood Simmons Act (ch. 16, USStat|38|116, October 3, 1913), re imposed the federal income tax following the ratification of the Sixteenth Amendment and… …   Wikipedia

  • Farm Security Administration — Poster de la Resettlement Administration, par Bernarda Bryson Shahn. La Farm Security Administration (FSA) est un organisme américain créé par le ministère de l agriculture en 1937, chargé d aider les fermiers les plus pauvres touchés par la… …   Wikipédia en Français

  • Revenue Act — Le Revenue Act de 1934 est une loi du congrès des États Unis entrée en vigueur dans le cadre de la politique de New Deal de Franklin D. Roosevelt en 1934, durant la Grande Dépression. Entre autres, la loi augmenta l impôt sur le revenu pour les… …   Wikipédia en Français

  • farm out — To let for a term at a stated rental. To turn over for performance or care. To exhaust farm land by continuous raising of single crop. Among the Romans the collection of revenue was farmed out, and the same system existed in France before the… …   Black's law dictionary

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