Transitive and intransitive; chiefly used with “out” or “off,” meaning ‘to divide or allocate by lots or into lots’.
Definitionen
To divide, allocate, or distribute (something, especially land) by or into lots; to allot. After the survey, the company lotted out the farmland to smallholders.
Used attributively before another noun (e.g., lot number, lot size).
Definitionen
Relating to a particular lot, especially a specific batch of goods or a numbered parcel of land. The inspector recorded the lot number on the shipment.