Crossword Genius

OT character’s fortune (3)

Ross

I believe the answer is:

lot

I'm a little stuck... Click here to teach me more about this clue!

'fortune' is the definition.
(as in a person's lot in life)

'ot character's' is the wordplay.
I cannot quite see how this works, but
'ot' is found in the answer.
'character' could be 'l' and 'l' is located in the answer.
This accounts for all the letters.
This may be the basis of the clue (or it may be nonsense).

Can you help me to learn more?

(Other definitions for lot that I've seen before include "Item for sale at auction" , "Auction item, great deal" , "He left his wife without a backward glance" , "Man with salty wife" , "Nephew of Abraham - batch" .)

I've seen this clue in The Times.
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