to gift

Definition of to gift in English English dictionary: To give (as a gift) to; Something given to another voluntarily, without charge; {i} present, offering; natural talent; {n} a thing given, bribe, faculty; {n} in law the main point; yift; Gifts and bequests are awards given with few or no conditions specified Gifts may be provided to establish an endowment or to provide direct support for existing programs Frequently, gifts are used to support developing programs for which other funding is not available The unique flexibility, or lack of restrictions, makes gifts attractive sources of support (Also see Donation ); Money received from a philanthropic foundation, private individual, or private organization for which no repayment or special service to the contributor is expected; An asset transferred without legal considerations If the grantor and beneficiary are non-arm's length, the grantor may have to pay assessed capital gains on the fair market value of the gift; Something of value that is voluntarily transferred by one person to another out of affection, generosity, charity, or like impulses, and which is cost-free to the recipient; give qualities or abilities to; A gift is something that you give someone as a present. a gift of $50.00 They believed the unborn child was a gift from God. gift shops; A voluntary transfer of property to another person, made without receiving consideration in return; funds are classified as gifts if the following characteristics exist: (1) funds are given voluntarily without expectation of any tangible compensation Under ordinary circumstances, the funds are awarded irrevocably; (2) funds are given for unrestricted use or for general support restricted to a specific area or purpose Beyond a possible designation of use, the donor does not impose contractual requirements on the award; (3) any subsequent reporting on the use of the funds to the donor is not a condition of the receipt of the funds; A voluntary transfer of real or personal property, without any consideration; Something gained incidentally, without effort; Transfer of property without consideration with donative intent and by actual or constructive delivery; A cash gift a buyer receives from a relative or other source Lenders usually require a "gift letter" stating that the money will not have to be repaid; This refers to the natural aptitude to be a magus Any gifted child that is discovered is likely to be recruited as an apprentice; A cash donation other than an endowment, with no legal consideration imposed by the donor, i e , nothing is expected by the donor in return for the gift Gift accounts are established when funds are received by the University Such funds are spent in accordance with University regulations and must not be overdrawn Gift accounts earn interest, which is calculated monthly and posted either as a credit or a charge periodically throughout the fiscal year; Mormon: Mormonism has expanded the definition of the term 'gift' The expanded definition includes as 'gifts' things which are rewarded to an individual only after first completing certain requirements or first demonstrating sufficient worthiness The expanded definition also includes as 'gifts' things which once received, obligate the receiver to a set of conditions; which, if broken revoke the 'gift' Most 'gifts' in Mormonism actually fall under the expanded part of the Mormon definition (eternal life, grace, forgiveness, the help of the Holy Ghost, most of God's many blessings) Mormon doctrine goes so far as to say that God is 'obligated' to give a particular 'gift' once the prescribed prerequisites have been achieved by the receiver of the gift Most of the 'gifts' of Mormonism are not gifts but rewards, compensation, obligatory payments, and contracts Christian: A gift is something we receive which is undeserved, unearned, offered freely by the bestower; give as a present; make a gift of; "What will you give her for her birthday?"; Contribution from a private, non-governmental source, made without expectation of any product or service of a tangible or intangible nature in return; natural qualities or talents; Some quality or endowment given to man by God; a preëminent and special talent or aptitude; power; faculty; as, the gift of wit; a gift for speaking; General support with minimal restrictions on use Progress and financial reports not usually required; An ART procedure that involves removing eggs from the woman's ovary, combining them with sperm, and using a laparoscope to place the unfertilized eggs and the sperm into the woman's fallopian tubes through a small incision in her abdomen; A voluntary transfer of property for which nothing of value is received in return If Internal Revenue Service is to recognize a transfer as a gift, the donor(s) must unconditionally transfer all title and control of the property to the recipient(s) at the time the gift is given; The act, right, or power of giving or bestowing; as, the office is in the gift of the President; same as gratuitous promise Once a gift has been made, the issue of whether or not there was consideration is irrelevant You can’t recover the gift for this reason; A unilateral transfer of money, property, or other assets to the recipient for the recipient’s ownership and use by a donor who makes no claims on the recipient in connection with the gift Gifts normally have the following characteristics: there are no reporting requirements or other deliverables restrictions on use of the gift are minimal, if at all, designated for the university, a unit, a program, or an activity and funds may be commingled with funds from other sources; A voluntary transfer of property for which nothing of value is received in return If the Internal Revenue Service is to recognize a transfer as a gift, the donor(s) must unconditionally transfer all title and control of the property to the recipient(s) at the time the gift is given; the act of giving; a voluntary transfer of money or material goods from an individual or entity to the University without a return of commensurate value It may or may not be given for any specific purpose; Anything of value received from any source for which no repayment or service to the contributor is expected; When you transfer property without receiving something of equal value in return, the federal government will assess a transfer tax where the value of the gift exceeds the annual exclusion and your unified credit is exhausted; A talent or natural ability; It can be perfected only by deed, or in case of personal property, by an actual delivery of possession; A bribe; anything given to corrupt; Anything given; anything voluntarily transferred by one person to another without compensation; a present; an offering; a flexible, irrevocable award (of money, equipment, or other property) provided by a donor with few or no conditions specified (such as contractual requirements, specification of a period of performance, or formal financial accounting) Gifts do not act as grants supporting research activity, and as such are handled by the SIU Foundation, not by ORDA; This includes amounts from a relative or a grant from the borrower's employer, a municipality, non-profit religious organization, or non-profit community organization that does not have to be repaid; 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 private individuals, needy persons, friends, relatives, etc The recipient of a gift is not required to include it in his gross income, and the maker of the gift is not entitled to deduct it (except for business gifts to customers of $25 or less per donee per year); something acquired without compensation; If someone has a gift for doing something, they have a natural ability for doing it. As a youth he discovered a gift for teaching Her grandmother had the gift of making people happy. gamete intrafallopian transfer; To endow with some power or faculty