torp n (definite singular torpet, indefinite plural torp, definite plural torpa) (most common) A solitary farm, distant from other settlements. (optional) A solitary group of farms, distant from other settlements. (optional before 1960s) A solitary farm without owned land, renting land from a larger farm nearby.

Is Torp a valid Scrabble word?

Yes, trop is in the scrabble dictionary.

What does Terp stand for?

A theoretical ex-rights price (TERP) is the market price that a stock will theoretically have following a new rights issue.