It = Farm
Posted by Bruce Kahl on May 19, 2004
In Reply to: He bought it posted by Lotg on May 19, 2004
: Why is the term 'he bought it' used (especially in gangster movies) to mean he was killed (usually got shot, murdered, etc)? Is it some sort of abherration of 'bit the bullet'? Although bought is not a variation on bit or bite.
There is a phrase for passing away--"He bought the farm".
So in your phrase it=farm