What is the meaning of Shmita?

Answer 1

Shemittah is each seventh year (5775 was one of them), as commanded in Leviticus ch.25 and Deuteronomy ch.15. The main feature is that many forms of agricultural work are to be abstained from in Israel for the whole year. This command is observed by religious (Hareidi) farmers in Israel.

Answer 2

People don't own people. People can employ others, and enjoy their production,
but nobody can force his workers to work every day. Workers get one day off out of
every seven.

People don't own land. People can enjoy the produce of the land, but they can't
force the land to produce continuously without time off. Land gets one year off
out of every seven. In that year, there is no planting and no harvest.
That year is called the Shmita year. The rules apply to land in Israel.

The most recent Shmita year ended on September 13, 2015 .

Answer 3

Shmita is the 7th year where all Jewish owned land in Israel need to lie fallow.

Answer 4

The Mitzvah of Shmita (the sabbatical year) happens every seven years, when the Lord commands all observers to not work the land and to erase any outstanding debts.