Dictionary
pot•latch
Pronunciation: (pot'lach), [key]—
n.
1. (among American Indians of the northern Pacific coast, esp. the Kwakiutl) a ceremonial festival at which gifts are bestowed on the guests and property is destroyed by its owner in a show of wealth that the guests later attempt to surpass.
2. Pacific Northwest.a party or celebration.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.