Gift definition: Copy, customize, and use instantly
Introduction
The term "Gift" refers to a voluntary and intentional transfer of property or assets from one person or entity to another without expectation of compensation or return. Gifts can be given for a variety of reasons, such as charity, personal affection, or in business contexts for promotional purposes. Legal requirements may govern the transfer of gifts, particularly in areas such as taxes, intellectual property, or estate planning. A gift can include tangible items, money, or intangible assets, and it is typically irrevocable once made.
Below are various examples of how "Gift" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Gift" as a voluntary transfer of property, assets, or money from one individual or entity to another without any expectation of compensation or return
This definition ties "Gift" to voluntary transfers without compensation.
"Gift" refers to a voluntary transfer of property, assets, or money from one individual or entity to another without any expectation of compensation or return.
Definition of "Gift" as a charitable donation, typically of property, assets, or funds, made voluntarily without any reciprocal expectation and often subject to specific legal or tax requirements
This definition connects "Gift" to charitable donations and tax regulations.
"Gift" means a charitable donation, typically of property, assets, or funds, made voluntarily without any reciprocal expectation and often subject to specific legal or tax requirements.
Definition of "Gift" as an item or asset given from one person or organization to another, often without any immediate financial benefit to the giver, used to build relationships or show appreciation
This definition ties "Gift" to relationship building and appreciation.
"Gift" refers to an item or asset given from one person or organization to another, often without any immediate financial benefit to the giver, used to build relationships or show appreciation.
Definition of "Gift" as the transfer of property, money, or goods from one party to another, without any contractual obligation, typically for personal, social, or charitable reasons
This definition connects "Gift" to personal, social, or charitable reasons.
"Gift" means the transfer of property, money, or goods from one party to another, without any contractual obligation, typically for personal, social, or charitable reasons.
Definition of "Gift" as a transfer of property or assets that is not contingent on any exchange or future consideration, and is typically a one-time act of generosity or goodwill
This definition ties "Gift" to generosity and one-time transfers.
"Gift" refers to a transfer of property or assets that is not contingent on any exchange or future consideration, and is typically a one-time act of generosity or goodwill.
Definition of "Gift" as a voluntary and irrevocable transfer of property, funds, or assets from one individual to another, made without expecting anything in return, often regulated by tax laws
This definition connects "Gift" to irrevocability and tax regulations.
"Gift" means a voluntary and irrevocable transfer of property, funds, or assets from one individual to another, made without expecting anything in return, often regulated by tax laws.
Definition of "Gift" as an asset or item provided by a person or entity to another without the expectation of anything of equal value in return, typically for personal, familial, or philanthropic purposes
This definition ties "Gift" to personal, familial, or philanthropic purposes.
"Gift" refers to an asset or item provided by a person or entity to another without the expectation of anything of equal value in return, typically for personal, familial, or philanthropic purposes.
Definition of "Gift" as a voluntary transfer of goods, money, or services given to another party without any expectation of compensation, often serving as a token of appreciation, affection, or goodwill
This definition connects "Gift" to tokens of appreciation and affection.
"Gift" means a voluntary transfer of goods, money, or services given to another party without any expectation of compensation, often serving as a token of appreciation, affection, or goodwill.
Definition of "Gift" as an item or value transferred to another person, company, or organization without the requirement for payment or compensation, typically made to demonstrate affection, gratitude, or charity
This definition ties "Gift" to affection, gratitude, and charity.
"Gift" refers to an item or value transferred to another person, company, or organization without the requirement for payment or compensation, typically made to demonstrate affection, gratitude, or charity.
Definition of "Gift" as a charitable or personal contribution given without expecting any reciprocal benefit, which may be subject to tax exemptions or legal stipulations
This definition connects "Gift" to charitable contributions and legal stipulations.
"Gift" means a charitable or personal contribution given without expecting any reciprocal benefit, which may be subject to tax exemptions or legal stipulations.
Definition of "Gift" as a non-reciprocal exchange where one party transfers goods, services, or money to another party without expectation of anything in return, often subject to tax regulations
This definition ties "Gift" to non-reciprocal exchange and tax regulations.
"Gift" refers to a non-reciprocal exchange where one party transfers goods, services, or money to another party without expectation of anything in return, often subject to tax regulations.
Definition of "Gift" as a transfer of property or assets from one party to another without expectation of compensation, often provided during special events such as holidays or celebrations to show appreciation or affection
This definition connects "Gift" to special events and celebrations.
"Gift" means a transfer of property or assets from one party to another without expectation of compensation, often provided during special events such as holidays or celebrations to show appreciation or affection.
Definition of "Gift" as an item or asset given voluntarily to someone without the expectation of receiving anything in return, commonly offered as a gesture of kindness, goodwill, or to honor a personal connection
This definition ties "Gift" to goodwill and personal connection.
"Gift" refers to an item or asset given voluntarily to someone without the expectation of receiving anything in return, commonly offered as a gesture of kindness, goodwill, or to honor a personal connection.
Definition of "Gift" as the transfer of an item or sum of money to another individual or organization with no legal obligation to repay or provide anything of equal value, often regulated by tax laws
This definition ties "Gift" to the absence of repayment and tax regulations.
"Gift" means the transfer of an item or sum of money to another individual or organization with no legal obligation to repay or provide anything of equal value, often regulated by tax laws.
Definition of "Gift" as a personal or corporate donation given without expectation of compensation, which can include both tangible items such as money or property, and intangible services or favors
This definition connects "Gift" to tangible and intangible donations.
"Gift" refers to a personal or corporate donation given without expectation of compensation, which can include both tangible items such as money or property, and intangible services or favors.
Definition of "Gift" as an act of transferring ownership of property, money, or goods to someone without expecting anything in return, often as an expression of goodwill or social responsibility
This definition ties "Gift" to goodwill and social responsibility.
"Gift" means an act of transferring ownership of property, money, or goods to someone without expecting anything in return, often as an expression of goodwill or social responsibility.
Definition of "Gift" as the voluntary act of providing something valuable to another person, often used as a means of strengthening relationships or fulfilling social or legal obligations
This definition connects "Gift" to relationship strengthening and social obligations.
"Gift" refers to the voluntary act of providing something valuable to another person, often used as a means of strengthening relationships or fulfilling social or legal obligations.
Definition of "Gift" as a non-compensatory transfer of assets or funds, typically provided for personal, charitable, or celebratory reasons, without the intention of receiving anything in return
This definition ties "Gift" to personal, charitable, and celebratory reasons.
"Gift" means a non-compensatory transfer of assets or funds, typically provided for personal, charitable, or celebratory reasons, without the intention of receiving anything in return.
Definition of "Gift" as a voluntary, non-reciprocal transfer of property, assets, or services from one individual or entity to another without expectation of compensation or return
This definition ties "Gift" to voluntary and non-reciprocal transfers.
"Gift" refers to a voluntary, non-reciprocal transfer of property, assets, or services from one individual or entity to another without expectation of compensation or return.
Definition of "Gift" as a transfer of an item, money, or property, made with the intention to benefit the recipient, typically without receiving anything in return
This definition connects "Gift" to benefiting the recipient.
"Gift" means a transfer of an item, money, or property, made with the intention to benefit the recipient, typically without receiving anything in return.
Definition of "Gift" as an asset or service provided by one party to another, without expectation of a return, often given for personal, charitable, or celebratory reasons
This definition ties "Gift" to charitable, personal, or celebratory purposes.
"Gift" refers to an asset or service provided by one party to another, without expectation of a return, often given for personal, charitable, or celebratory reasons.
Definition of "Gift" as the voluntary and unconditional transfer of property, money, or goods to another individual, typically as an expression of affection, gratitude, or goodwill
This definition connects "Gift" to affection, gratitude, and goodwill.
"Gift" means the voluntary and unconditional transfer of property, money, or goods to another individual, typically as an expression of affection, gratitude, or goodwill.
Definition of "Gift" as an item, service, or sum of money given without expectation of anything in return, typically given during special occasions such as holidays, birthdays, or charity events
This definition ties "Gift" to special occasions and charity.
"Gift" refers to an item, service, or sum of money given without expectation of anything in return, typically given during special occasions such as holidays, birthdays, or charity events.
Definition of "Gift" as a transfer of ownership of property or funds to another party, typically made out of generosity or as a gesture of goodwill, without any legal obligation for compensation
This definition connects "Gift" to generosity and goodwill.
"Gift" means a transfer of ownership of property or funds to another party, typically made out of generosity or as a gesture of goodwill, without any legal obligation for compensation.
Definition of "Gift" as an exchange in which the giver does not expect anything in return, typically made as a show of kindness, love, or appreciation, and may include both tangible and intangible items
This definition ties "Gift" to kindness, love, and appreciation.
"Gift" refers to an exchange in which the giver does not expect anything in return, typically made as a show of kindness, love, or appreciation, and may include both tangible and intangible items.
Definition of "Gift" as an act of giving that involves the transfer of property, money, or goods from one individual to another, typically made without expectation of repayment or compensation
This definition connects "Gift" to the transfer of property and repayment absence.
"Gift" means an act of giving that involves the transfer of property, money, or goods from one individual to another, typically made without expectation of repayment or compensation.
Definition of "Gift" as a voluntary contribution or transfer of resources, money, or goods from one party to another, without the expectation of a return or reciprocal benefit
This definition ties "Gift" to voluntary contributions and no expectation of return.
"Gift" refers to a voluntary contribution or transfer of resources, money, or goods from one party to another, without the expectation of a return or reciprocal benefit.
Definition of "Gift" as a transfer or donation of assets, items, or funds to someone else, often made to strengthen relationships or fulfill a moral or legal duty
This definition connects "Gift" to relationship-building and fulfilling duties.
"Gift" means a transfer or donation of assets, items, or funds to someone else, often made to strengthen relationships or fulfill a moral or legal duty.
Definition of "Gift" as the voluntary transfer of money or property to another person, typically given with a positive intention and without a requirement for reciprocal action or payment
This definition ties "Gift" to positive intention and no reciprocal requirement.
"Gift" refers to the voluntary transfer of money or property to another person, typically given with a positive intention and without a requirement for reciprocal action or payment.
Definition of "Gift" as a non-reciprocal exchange of property, assets, or goods, typically made to show kindness or appreciation, and not bound by any contractual agreement
This definition connects "Gift" to kindness and contractual freedom.
"Gift" means a non-reciprocal exchange of property, assets, or goods, typically made to show kindness or appreciation, and not bound by any contractual agreement.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.