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2 definitions found

From: Webster's Revised Unabridged Dictionary (1913)

 Scot, n.  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. [Eng.] --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.
 

From: WordNet (r) 2.0

 scot and lot
      n : obligations of all kinds taken as a whole