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What is the origin and meaning of the phrase "sold the farm"?

For learning: English
Base language: English
Category: WK087

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    Best Answer - Chosen by Voting
    Oddly, you can also say "bought the farm" - same meaning.

    It means that person has died. Eg. "Old man Henry bought the farm last week." =he died. It can be condensed to "he bought it" (but never "he sold it").

    There seems to be no good explanation about the farm, but this link goes into some detail: www.answerbag.com/q_view/52221

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