gift, absolute

gift, absolute
n.
A gift given while the donor is still alive; also called a gift inter vivos.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

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  • absolute — ab·so·lute adj 1 a: free from qualification, condition, exception, or restriction rights that even seem absolute have these qualifications Long v. Rockwood, 277 U.S. 142 (1927) see also absolute ownership at ownership compare …   Law dictionary

  • absolute — Complete; perfect; final; without any condition or incumbrance; as an absolute bond (simplex obligatio) in distinction from a conditional bond. Unconditional; complete and perfect in itself; without relation to or dependence on other things or… …   Black's law dictionary

  • absolute — Complete; perfect; final; without any condition or incumbrance; as an absolute bond (simplex obligatio) in distinction from a conditional bond. Unconditional; complete and perfect in itself; without relation to or dependence on other things or… …   Black's law dictionary

  • gift — n 1: an intentional and gratuitous transfer of real or personal property by a donor with legal capacity who actually or constructively delivers the property to the donee with the intent of giving up dominion over the property and investing it in… …   Law dictionary

  • GIFT — GIFT, the transfer of legal rights without any consideration or payment. It is essentially no more than a sale without payment and all the principles of the law of sale apply (see sale ). The Da at of the Parties The decision (gemirat ha da at)… …   Encyclopedia of Judaism

  • gift — W2S2 [gıft] n [Date: 1200 1300; : Old Nors] 1.) something that you give someone, for example to thank them or because you like them, especially on a special occasion = ↑present ▪ The earrings were a gift from my aunt. gift of ▪ a generous gift of …   Dictionary of contemporary English

  • gift — A voluntary transfer of property to another made gratuitously and without consideration. Bradley v. Bradley, Tex.Civ.App., 540 S.W.2d 504, 511. Essential requisites of gift are capacity of donor, intention of donor to make gift, completed… …   Black's law dictionary

  • gift — A voluntary transfer of property to another made gratuitously and without consideration. Bradley v. Bradley, Tex.Civ.App., 540 S.W.2d 504, 511. Essential requisites of gift are capacity of donor, intention of donor to make gift, completed… …   Black's law dictionary

  • absolute gift — So long as the condition or qualification imposed in the making of a gift is not inconsistent with the vesting of title in the donee, the gift is not invalidated for want of absolute character in the transfer. 24 Am J1st Gifts § 44 …   Ballentine's law dictionary

  • absolute — Free; unconditional; unrestricted; not dependent upon or appurtenant to something else. Anno: 36 ALR2d 151 (absolute gift to spouse.) The most ordinary signification of the adjective absolute is unrestricted or unconditional. Thus, an absolute… …   Ballentine's law dictionary

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