The term 'LOT IN LIFE' can be summarized by the crossword solution of 'FATE'. FATE is a concept that has been around for centuries and is often used to explain why certain events happen in life. It is believed that FATE is predetermined and cannot be changed, and it is often seen as a force that shapes our lives. In essence, FATE is the idea that we have no control over our destiny and that our lives are predetermined by a higher power. Therefore, the term 'LOT IN LIFE' can be summarized as having one's life predetermined by FATE.