Baa, Baa, Black Sheep

Baa, baa, black sheep,
Have you any wool?
Yes, sir, yes, sir,
Three bags full;

One for the master,
And one for the dame,
And one for the little boy
Who lives down the lane.

The rhyme portrays a child addressing a black sheep and inquiring about its wool. The sheep responds affirmatively, stating that it has three bags full of wool. The child then asks how the wool will be divided, and the sheep explains that one bag is for the master, one for the dame (a term for a lady or woman), and one for the little boy who resides down the lane.