Gifts#

A gift or a present is the transfer of something, without the need for compensation that is involved in trade. A gift is a voluntary act which does not require anything in return. Even though it involves possibly a social expectation of reciprocity, or a return in the form of prestige or power, a gift is meant to be free. In many human societies, the act of mutually exchanging money, goods, etc. may contribute to social cohesion. Economists have elaborated the economics of gift-giving into the notion of a gift economy. By extension the term gift can refer to anything that makes the other happier or less sad, especially as a favour, including forgiveness and kindness. When material objects are given as gifts, in many cultures they are traditionally packaged in some manner. For example, in Western culture, gifts are often wrapped in wrapping paper and accompanied by a gift note which may note the occasion, the giftee's name, and the giver's name. In Chinese culture, red wrapping connotes luck. Occasions

"Christmas present" redirects here. For the album by Andy Williams, see Christmas Present (album). The occasion may be: * Expression of love (Valentine's Day) or friendship * Expression of gratitude for a gift received * Expression of piety, in the form of charity * Expression of solidarity, in the form of mutual aid * To share wealth * To offset misfortune * Offering travel souvenirs * Custom, on occasions (often celebrations) such as o A birthday (the person who has his or her birthday gives cake, etc. and/or receives gifts) This is most commonly from a family member or girlfriend/boyfriend. o A potlatch, in societies where status is associated with gift-giving rather than acquisition. o Christmas (people give each other gifts, often supposedly receiving them from Santa Claus) o Saint Nicholas (people give each other gifts, often supposedly receiving them from Saint Nicholas) o A wedding (the couple receives gifts and gives food and/or drinks at the wedding reception) o A wedding anniversary (each spouse receives gifts) o A funeral (visitors bring flowers, the relatives of the deceased give food and/or drinks after the ceremonial part) o A birth (the baby receives gifts, or the mother receives a gift from the father known as a push present) o Passing an examination (the student receives gifts) o Father's Day (the father receives gifts) o Mother's Day (the mother receives gifts) o Exchange of gifts between a guest and a host, often a traditional practice o Lagniappe Gifts by Tyoe & Occasion

Regular Cakes Fancy Cakes Tier Cakes Plum Cakes Kids Cakes Cartoon Cakes Exclusive Cakes Audio & Video Video Players Raksha Bandhan Rakhi Gifts Thread Rakhis Fancy Rakhis Kids Rakhees Premium Fancy Rakhis Silver Rakhees Pearl Rakhis Diamond Rakhees Diviniti Rakhis Rakhi Hampers Bhaiya Bhabi Gifts Gift To Brother Gift To Sister Thali Hampers Rakhi Specials Eggless Cakes Decorative Thalis Assorted Sweets Indian Savories Fresh Flowers Anniversary Baby Shower Baptism Birthday Confirmation Family Reunion First Communion Graduation House Warming New Baby Retirement Wedding Romantic Personalized Unique Sentimental Thoughtful Humorous Fashionable Spiritual Trendy Relaxing Inspirational

At common law, for a gift to have legal effect, it was required that there be (1) intent by the donor to give a gift, and (2) delivery to the donee of the item to be given as a gift. In some countries, certain types of gifts above a certain monetary amount are subject to taxation. Gifts may also be from a wealthy person, hoping that someone will reflect their largess.