a plot of ground, often near a stockyard, where livestock are gathered to be fattened for market.
a commercial establishment that operates a feedlot.
Also, feed lot.
Also called feedyard [feed-yahrd] .

1885–90; feed + lot

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World English Dictionary
feedlot (ˈfiːdˌlɒt)
an area or building where livestock are fattened rapidly for market

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
Others have explored the environmental and ethical impacts of factory and feedlot farming.
Johnston walked me down to the feedlot for a demonstration.
Feedlot performance of lambs from hair sheep x wool sheep crosses has not been fully evaluated.
The new feedlot now has total containment of manure.
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