"potlatch : (Canada, US, also figurative) A ceremony amongst certain indigenous peoples of the..."

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potlatch : (Canada, US, also figurative) A ceremony amongst certain indigenous peoples of the Pacific Northwest in which gifts are bestowed upon guests and personal property is destroyed in a show of generosity and wealth.
(US, chiefly Alaska) A communal meal to which guests bring dishes to share; a potluck.
potlatch v

(transitive) To give; especially, to give as a gift during a potlatch ceremony.
(intransitive) To carry out or take part in a potlatch ceremony.
Today, the fourth Friday in September in 2020, is celebrated as Native American Day in California and Nevada, USA, to honor the cultural contributions of Native American communities.

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- https://en.wiktionary.org/wiki/potlatch#English

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