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What is an agistment?

What is an agistment? Here are some definitions.

Noun
  1. The taking in by any one of other people's livestock to graze at a certain rate.
  2. A charge or rate against lands
  3. (historical) The taking and feeding of other people's cattle in the king's forests; the price paid for such a feeding.
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Examples
But the most valued is that of agistment or pasturage, especially of ponies.
We suggest that any party that enters into an agistment arrangement, thinks very hard about a number of factors.
For the first time, many of the Boards refused agistment rights or simply closed the routes to travelling stock unless they could name an outside destination.
If you're already a rider or a worker in horse agistment, this is a great start.
Melanie also imports and exports alpacas and offers training, consultancy and support on all aspects of selection and farm layout, plus agistment for other owners.
Cattle had to be trucked thousands of kilometres between properties, put on agistment or sold below cost to make ends meet.

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