Gifts definition

Gifts means, for purposes of this Policy, money, advances, personal services, gratuities, loans, extensions of credit, forgiveness of debts, memberships, subscriptions, travel, meals, charitable donations, refreshments, hospitality, promises, discounts or forbearance that are not generally available to members of the public. A Gift need not be intended to influence or reward an Employee.

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Gifts means cash or other tangible items of value. The term shall not include entertainment (including, among other things, tickets to sporting and other events and food and dining) provided in furtherance of a legitimate business purpose.

Gifts mean anything of value, whether tangible or intangible, real or personal property, goods or services, that provides a personal benefit to an individual when the individual does not provide full consideration for the value of the benefit received.

Examples of Gifts in a sentence

• If a distribution is to be made to a minor or incompetent Beneficiary, payments may be made to the person’s legal guardian, conservator recognized under state law, or custodian in accordance with the Uniform Gifts to Minors Act or similar law as permitted under the laws of the state where the Beneficiary resides.

• Invite bonus 7% Binary bonus 7% Quick start bonus 300$ Matching bonus 1% from 10 levels below Gifts See the Gifts section.

• Gifts may be made to my spouse and my issue as well as any other of my dependents.

• Gifts shall be made to those persons and organizations in accordance with my pattern of giving in the five years preceding the date that this Power becomes effective.

• Gifts may be made to my issue as well as any other of my dependents.

More Definitions of Gifts

Gifts means cash or other tangible items of value other than Entertainment.

Gifts means the rewards provided under this Programme which includes goods, merchandise, retail, dining, shopping and book vouchers (collectively referred to as “Vouchers”), products, services, travel packages, annual fee, cash back, service tax and/ or any other rewards in this Programme.

Gifts means any item of value, such as discounts, gift cards, cash, favors, subsidies, loans, goods, services, meals outside the ordinary workplace or of excessive value, trips, accommodation or entertainment received by a third party. A third party is any individual or entity outside GAP with whom an employee may have contact in the performance of their activities. The following should be taken into account when giving or receiving gifts:

Gifts means intervivos gifts and donations during the donor’s lifetime.

Gifts means anything of value including a loan at a rate that is substantially less than a prevalent commercial rate, compensation for goods or services exceeding fair market value, goods or services provided for less than fair market value, gratuity, entertainment, hospitality or forbearance, unless consideration of equal or greater value is received.

Gifts means the free Gift Voucher offered by Axis Bank Limited.

Gifts means anything of value given without payment or other consideration.