farmout

A deverbal from farm out.

farmout (plural farmouts)

1. The act of subcontracting or outsourcing.
   • 1991, Congressional Serial Set, page 7:

     It also operates as a check on fraud, and, without impugning the integrity of the people involved in oil and gas lease farmouts, the potential for fraud inherent in H.R. 3152 does give me great pause.

• foumart