Crossword Genius

Fate of item put up for sale (3)

Ross

I believe the answer is:

lot

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'fate' is the definition.
(I know that fate can be written as lot)

I can't explain the remainder of the clue.

Can you help me to learn more?

(Other definitions for lot that I've seen before include "Piece of ground" , "part of France?" , "Fate - plenty" , "large quantity" , "Share - tons" .)

I've seen this clue in The Times.
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