Compost is the stable, dark, crumbly material left when plant and farm waste — crop residue, leaves, kitchen and market waste, dung — is decomposed by microbes. Its NPK content is modest and variable (roughly 1% N, 0.5% phosphorus, 1% potassium) but, like FYM and vermicompost, its real value is what it does to the soil: organic matter, humus, better structure and water-holding, and a living soil that releases nutrients steadily.
It covers both farm compost (made on-farm from residues and dung) and city or municipal compost (processed from segregated urban waste, promoted under government programmes to recycle waste into farm inputs). Either is used to build soil and cut chemical-fertiliser dependence, applied before sowing — city compost should be from a certified source and tested to be free of contamination.