Hotchpot

Business, Legal & Accounting Glossary

Definition: Hotchpot


Quick Summary of Hotchpot


The reunion and blending together of properties for the purpose of securing equal division, especially of the property of an intestate parent.




What is the dictionary definition of Hotchpot?

Dictionary Definition


n. the putting together, blending or mixing of various properties in order to achieve equal division among beneficiaries or heirs. There may be cash, securities, personal belongings, and even real estate which are part of the residue of an estate to be given to “my children, share and share alike.” To make such distribution possible, all of the items are put in the hotchpot and then divided.

  1. Hodgepodge; miscellaneous collection
  2. civil law The blending together of property so as to achieve equal division, especially in the case of divorce or intestacy

Full Definition of Hotchpot


In civil and property law, hotchpot is the blending, combining or offsetting of property to ensure equality of a later division of property.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/hotchpot/
Modern Language Association (MLA):
Hotchpot. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 26, 2021 https://payrollheaven.com/define/hotchpot/.
Chicago Manual of Style (CMS):
Hotchpot. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/hotchpot/ (accessed: September 26, 2021).
American Psychological Association (APA):
Hotchpot. PayrollHeaven.com. Retrieved September 26, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/hotchpot/

Definition Sources


Definitions for Hotchpot are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 28th April, 2020 | 2 Views.