potlatch > define

noun

• A ceremonial feast held by some Indians of the northwestern coast of North America (as in celebrating a marriage or a new accession) in which the host gives gifts to tribesmen and others to display his superior wealth (sometimes, formerly, to his own impoverishment. ).

• (n.) Among the Kwakiutl, Chimmesyan, and other Indians of the northwestern coast of North America, a ceremonial distribution by a man of gifts to his own and neighboring tribesmen, often, formerly, to his own impoverishment. Feasting, dancing, and public ceremonies accompany it.
• (n.) Hence, a feast given to a large number of persons, often accompanied by gifts.