gift

  

Definition

Transfer of a good or property from one entity to another, without any money exchanging hands. Most firms have written rules for giving or taking of gifts by their officers and employees. Gifts of real property normally attract capital transfer tax (gift tax) or inheritance tax.

Articles related to 'gift'

Business Tips

Avoid Paying on Credit

Not financing your purchases doesn't mean you can't pay with a credit card - you just have to pay your bill in full within a month. The convenience, protection and cash-back rewards offered by credit ... Read more

More Tips

Questions related to 'gift'

Related Videos




http://www.businessdictionary.com/definition/gift.html

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z