hotchpot

Definition of "hotchpot"
  1. The mixing of various assets with the aim of achieving equal division among beneficiaries, often used when an estate contains diverse properties
How to use "hotchpot" in a sentence
  1. The parents decided to adopt the hotchpot approach to distribute their wealth equally among their children.
  2. To ensure a fair division, all the properties were put into hotchpot before being divided among the heirs.
  3. Through the process of hotchpot, all assets were pooled together for equal division among the siblings.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z