Gift Definition A Journey into the Realm of Thoughtful Expressions

A gift deed is a deed that is made in “consideration of love and affection” rather than for a monetary reward. It is a legal document that transfers property to ... a thing that you give to somebody, especially on a special occasion or to say thank you. synonym present. Gift has been defined legally as the transfer of property from one person to another when it is done without recompense, as opposed to a sale or barter. Anything given; anything voluntarily transferred by one person to another without compensation; a present; an offering. Shall I receive by gift, what of my own, ... A gift is also a disposal for capital gains tax purposes and tax is potentially payable. From: gift in A Dictionary of Finance and Banking ». Subjects ... What is a gift? ... Gift means “something given voluntarily without payment in return, as to show favor toward someone, honor an occasion, or make ... Definition. A gift is a voluntary transfer of property or funds from one person to another without any expectation of return or compensation. 1 Answer 1 ... "to gift" means to pass ownership to someone without any payment - to (make a) present. The difference is: if you buy something ... GIFT meaning: 1. a present or something that is given: 2. something that is surprisingly easy or cheap: 3. a…. Learn more. gift - A voluntary transfer of any kind of property by a person who is legally capable. The person giving the gift willingly relinquishes control over the ...