1. a large farm for raising horses, beef cattle, or sheep
Usage: chiefly Western US
2. a small rural settlement or village
Usage: Southwestern US; from Spanish

Examples

• The old rancho covered thousands of acres in the valley.
• They visited a historic rancho that had been converted into a museum.
• The cattle rancho employed dozens of workers during roundup season.
• Many California ranchos date back to the Spanish colonial period.
• The small rancho had only a few dozen residents.
• Tourists can stay overnight at the working rancho.