Definitions

1. noun

a small plot of land

“The new housing development included several lote for sale.”

2. noun

a group of items or things

“The store offered a lote of discounted toys on sale.”

3. noun

a lottery ticket or a chance to participate in a lottery

“She bought a lote in the office lottery to win the prize.”

4. verb

to divide or portion something into smaller parts

“The company lote the excess inventory among the employees.”