Crossword Genius

Very small item or an object a long way away? (8)

Ross

I believe the answer is:

farthing

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This could be a double definition.

'very small item' is the first definition.
Although both the answer and definition are singular nouns, I can't see how one could define the other.

'an object a long way away?' is the second definition.
I can't judge whether this definition defines the answer.

Can you help me to learn more?

(Other definitions for farthing that I've seen before include "One quarter of an old penny: measure of land in old England" , "Old quarter of a penny is a remote object" , "Obsolete small coin" , "Old British coin" , "Former British coin" .)

I've seen this clue in The Sunday Times and The Times.
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