What is the meaning of Homestead?

A house together with surrounding land and buildings, especially on a farm; the property comprising these.

  1. A parcel of land in the interior of North America, usually 160 acres, that was distributed to settlers from Europe or eastern North America under the Dominion Lands Act of 1870 in Canada or the Homestead Act of 1862 in the United States.

    A parcel of land in the interior of North America, usually 160 acres, that was distributed to settlers from Europe or eastern North America under the Dominion Lands Act of 1870 in Canada or the Homestead Act of 1862 in the United States.

    The place that is one's home.

    A cluster of several houses occupied by an extended family.

    The home or seat of a family; place of origin.

    To acquire or settle on land as a homestead.

    Source: wiktionary.org