Definition of "Lot" :

noun: anything (straws or pebbles etc.) taken or chosen at random

"They drew lots for it."

noun: any collection in its entirety

noun: an unofficial association of people or groups

"They were an angry lot."

noun: a parcel of land having fixed boundaries

"He bought a lot on the lake."

noun: (Old Testament) nephew of Abraham; God destroyed Sodom and Gomorrah but chose to spare Lot and his family who were told to flee without looking back at the destruction

noun: (often followed by of') a large number or amount or extent

"A lot of money."

noun: your overall circumstances or condition in life (including everything that happens to you)

"Has a happy lot."

verb: administer or bestow, as in small portions

verb: divide into lots, as of land, for example