As a verb, it means to proceed or get along, as in Fare thee well. As a noun, it can refer to the cost of travel (Train fare is ten dollars) or to food (Tatertots are typical cafeteria fare).
fare ticket means a ticket showing payment of a fare for travelling on a bus or train journey and authorising the person to whom it is issued to travel on any such journey for the distance covered by that fare, whether or not subject to any terms, limitations or conditions as to its use; Sample 1Sample 2Sample 3.