Gift-tax
noun
1.
a tax imposed on the transfer of money or property from one living person to another by gift, payable by the donor.
noun
1.
another name for (the former) capital transfer tax
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[gift-rap-ing] /ˈgɪftˌræp ɪŋ/ noun 1. decorative paper, ribbon, etc., for objects to be presented as . [gift-rap] /ˈgɪftˌræp/ verb (used with object), gift-wrapped or gift-wrapt, gift-wrapping. 1. to wrap (something), as a package, with decorative paper, ribbon, etc., for presentation as a gift. noun 2. .
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