potlach

/ˈpɑtˌlɑk/
noun
  1. A ceremonial feast among certain Indigenous peoples of the Pacific Northwest, involving gift-giving and social status displays.
    • During the potlach, families gave away blankets and carved boxes to their guests.
    • The tribe held a potlach to celebrate the new chief's appointment.
    • Historians study the potlach to understand the social structure of Northwest Coast cultures.