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Degifting

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  1. 1. 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? Source: ecdict

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