What is the meaning of Potlatch?

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.

A communal meal to which guests bring dishes to share; a potluck.

To give; especially, to give as a gift during a potlatch ceremony.

To carry out or take part in a potlatch ceremony.

gift

giving

gift-feast, potlatch

to give, receive

potlatch

Source: wiktionary.org