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Emperor Pedro I of Brazil receives a sword as a gift from his wife Amélie that belonged to her father Eugène de Beauharnais. A gift or a present is an item given to someone without the expectation of payment or anything in return. An item is not a gift if that item is already owned by the one to whom it is given. Although gift-giving might involve an expectation of reciprocity, a gift is meant to be free. In many countries, the act of mutually exchanging money, goods, etc.

In many cultures gifts are traditionally packaged in some way. For example, in Western cultures, gifts are often wrapped in wrapping paper and accompanied by a gift note which may note the occasion, the recipient’s name and the giver’s name. In Chinese culture, red wrapping connotes luck. An expression of gratitude for a gift received. An expression of piety, in the form of charity. An expression of solidarity, in the form of mutual aid. A potlatch, in societies where status is associated with gift-giving rather than acquisition.

Easter baskets with chocolate eggs, jelly beans, and chocolate rabbits are gifts given on Easter. Greek Orthodox Christians in Greece, will give gifts to family and friends on the Feast of Saint Basil. American Jews give Hanukkah gifts to family and friends. Hindus give Diwali and Pongal gifts to family and friends. Rakhi or Raksha Bandhan is another occasion where brothers give gifts to sisters. Buddhists give Vesak gifts to family and friends. Gifts are given to among African American families and friends on Kwanzaa.

Exchange of gifts between a guest and a host, often a traditional practice. Promotional gifts vary from the normal gifts. The recipients of the gifts may be either employee of a company or the clients. Promotional gifts are mainly used for advertising purposes.