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Gift
(redirected from Gift Exchange)

   Also found in: Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.
Gift
Property, money or asset that one person transfers to another while receiving nothing in return.

Notes:
If you receive a gift, you aren't required to report it as income.


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79-96) objects (politely) to Stansell's reading of Genesis 23 as an attempted gift exchange that Abraham turns into a commercial exchange in order to avoid entering into a endless cycle of reciprocity.
There will be a potluck luncheon party and $10 gift exchange at the executive board meeting on Dec.
They did not have much money or time, and they needed to feel independent enough to reciprocate in gift exchanges.
 
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