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GIFT-SPLITTING ELECTION
gift-splitting election.See split gift under GIFT. [Blacks Law 8th]
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gift-splitting. See split gift under GIFT. [Blacks Law 8th]
Read MoreGIFT OVER
gift over.See GIFT. [Blacks Law 8th]
Read MoreGIFT IN TRUST
gift in trust.See GIFT. [Blacks Law 8th]
Read MoreGIFT INTER VIVOS
gift inter vivos.See inter vivos gift under GIFT. [Blacks Law 8th]
Read MoreGIFTING CLUB
gifting club.A type of pyramid scheme or Ponzi scheme in which recruits make “gifts” of money to other club members with the expectation that future recruits will make “gifts” to the present recruits. • Many gifting clubs limit membership to women. Club leaders usu. try to evade income-tax laws by claiming that the money…
Read MoreGIFTING CIRCLE
gifting circle.See GIFTING CLUB. [Blacks Law 8th]
Read MoreGIFT ENTERPRISE
gift enterprise. 1. A scheme for the distribution of items by chance among those who have purchased shares in the scheme. [Cases: Lotteries 3.C.J.S. Lotteries §§ 2–7, 11.] 2. A merchant’s scheme to increase sales without lowering prices by giving buyers tickets that carry a chance to win a prize. • Gift enterprises are regulated…
Read MoreGIFT DEED
gift deed.See DEED. [Blacks Law 8th]
Read MoreGIFT
GIFT.abbr.GAMETE INTRAFALLOPIAN TRANSFER. gift,n.1. The voluntary transfer of property to another without compensation. [Cases: Gifts 1.] 2. A thing so transferred. — gift,vb. absolute gift.See inter vivos gift. anatomical gift.A testamentary donation of a bodily organ or organs, esp. for transplant or for medical research. • The procedures for making an anatomical gift are set…
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