lota (Noun) A person that switches loyalties, especially from one political party to another. This comes from the fact that the "lota" has a tendency to fall over and roll around, as it is not stable sitting on its base.
lota (Noun) Slurry, also used as an insult.
lota (Noun) A person who is employed by a for-profit institution despite having a high net worth derived from managing a family-owned business.
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