lot

nouns

(often followed by `of') a large number or amount or extent
"a batch of letters"; "a deal of trouble"; "a lot of money"; "he made a mint on the stock market"; "see the rest of the winners in our huge passel of photos"; "it must have cost plenty"; "a slew of journalists"; "a wad of money"
a parcel of land having fixed boundaries
"he bought a lot on the lake"
lot
is a type of (narrower)
an extended area of land
an unofficial association of people or groups
"the smart set goes there"; "they were an angry lot"
your overall circumstances or condition in life (including everything that happens to you)
"whatever my fortune may be"; "deserved a better fate"; "has a happy lot"; "the luck of the Irish"; "a victim of circumstances"; "success that was her portion"
anything (straws or pebbles etc.) taken or chosen at random
"the luck of the draw"; "they drew lots for it"
any collection in its entirety
"she bought the whole caboodle"

verbs

divide into lots, as of land, for example
lot
is a type of (narrower)
separate into parts or portions
"divide the cake into three equal parts"; "The British carved up the Ottoman Empire after World War I"
administer or bestow, as in small portions
"administer critical remarks to everyone present"; "dole out some money"; "shell out pocket money for the children"; "deal a blow to someone"; "the machine dispenses soft drinks"