SCOT (3)
Source: 567
Scot, n. [[Icel. skot; or OF. escot, F. écot, LL. scottum, scotum, from a kindred German word; akin to AS. scot, and E. shot, shoot; cf. AS. sceótan to shoot, to contribute. See Shoot, and cf. Shot.]] A portion of money assessed or paid; a tax or contribution; a mulct; a fine; a shot. Scot and lot, formerly, a parish assessment laid on subjects according to their ability. Cowell. Now, a phrase for obligations of every kind regarded collectivelly. Experienced men of the world know very well that it is best to pay scot and lot as they go along. Emerson.