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Potlatch

POTLATCH, a term, corrupted from a Nootka Indian word for " gift," for a ceremonial custom among some of the Indian tribes of north-west America, consisting in the distribution by an individual of his property among his friends and neighbours, who make equivalent gifts, with interest, in return.

Note - this article incorporates content from Encyclopaedia Britannica, Eleventh Edition, (1910-1911)

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