Gift Definition The Art of Expressing Appreciation and Love

Gift giving is actually a way to invest in a relationship. In essence, it is a social lubricant, a way to celebrate life, love and friendship ... gift (plural gifts) ... A talent or natural ability. A monetary gift is a transfer of money or a financial instrument that has liquid value from one party to another, without receiving or expecting to receive ... In property law, a gift refers to a voluntary transfer of a benefit without the need for any compensation and consideration. GIFT meaning: 1. something that you give to someone, usually for a particular occasion: 2. a natural ability or…. 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 ... So, by definition, whether you consider the item that you freely give to a person a gift or a present, it is the same thing to the recipient: an item accepted ... The gift tax is a tax on the transfer of property by one individual to another while receiving nothing, or less than full value, in return. Definition: A "gift" is an item of value, including but not limited to money, cash equivalents, services, discounts, meals, and entertainment. Gifts that ... 1. A gift is something that you give someone as a present. ... 2. If someone has a gift for doing something, they have a natural ability for doing it.