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Gift
(redirected from Gift Exchange)

    Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.03 sec.
Gift
An asset of any kind that an individual transfers to another individual while neither receiving nor expecting anything in return. A gift one receives is taxable in the United States, but only if its value exceeds $13,000 (in 2009) and is not specifically excluded. For example, gifts between spouses are not taxable under any circumstances. See also: Estate, Gift Tax.
Gift
A transfer of property from one person or entity to another without consideration or compensation. For income tax purposes, the words "gift" and "contribution" usually have separate meanings, the latter word being used in connection with contributions to charitable, religious, etc., organizations, whereas the word "gift" refers to transfers of money or property to individuals.
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Together with your entire family, decide to have a "Secret Santa" gift exchange, where each person draws another name and buys only for that person.
Getting Through Christmas on a Tight Budget by Joe Cline / Finance and Investment community
Added to the already full product line with be a smaller day survival kit which will be perfect for a stocking stuffer or to give to a co-worker in a gift exchange.
Giving the Gift of Survival to Someone That You Care About May Be the ... by Scott Kastner / General interest community
Kinds of gifts A gift may be one of an ordinary object, an object created for the express purpose of gift exchange, such as the armbands and necklaces in the Trobriand Islands Kula exchange.
Promotional Corporate by kapil khurana / Business community
 
 
 
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