n. The act, right, or power of giving or conferring: as, to get a thing by gift; an office in the gift of the people.n. Specifically, in law: A voluntary transfer of property by the owner of it to another, without consideration or compensation therefor, or without any other consideration than love and affection, or a nominal consideration, or both; a gratuitous assignment. See donation and consideration, In old English law, the creation of an estate in tail (see estate) as distinguished from the creation of an estate in fee simple, which was termed feoffmentn. That which is given or bestowed; anything ownership of which is voluntarily transferred by one person to another without compensation; a present; a donation.n. A natural quality or endowment regarded as conferred; power; faculty: as, the gift of wit; the gift of speech.n. plural White specks on finger-nails, which have been superstitiously supposed to portend gifts.To confer or transfer as a gift; make a gift of; donate formally.To endow with a gift or with any power or faculty: chiefly in the past participle.