degifting

degifting
1. (Degifting) (4724↑, 1091↓)
1. A mutual agreement to suspend holiday gifts for at least one season, usually within a single family or circle of friends. 2. The act of replacing useless and pointless merchandise with something more meaningful, such as a charitable donation, service project or holiday party. 3. Wal-Mart's biggest nightmare.

Due to the recession, we've decided that Degifting is the best plan for Christmas this year. Instead, we're all getting together to serve food at the homeless shelter. I really don't need another Salad Shooter. Do you?

Last updated: 2012.02.29

Urban English dictionary. 2013.

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  • Regift — Regifting is the act of taking a gift that has been received and giving it to somebody else, sometimes in the guise of a new gift. One example of a formalization of this activity are the white elephant gift exchanges, in which items can be… …   Wikipedia

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