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hotchpot definition

the putting together, blending or mixing of various properties in order to achieve equal division among beneficiaries or heirs. There may be cash, securities, personal belongings, and even real estate which are part of the residue of an estate to be given to "my children, share and share alike. " To make such distribution possible, all of the items are put in the hotchpot and then divided.
 
 
 
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