A gift, or a present, is an item given to someone without the expectation of payment or anything in return. It is a voluntary transfer of money, property, or assets from one person to another, in which nothing of comparable value is given or expected in return
. Gifts are often given to show favor, honor an occasion, or make a gesture of assistance. They can include physical items, money, or acts of service that make the recipient happier or less sad, especially as a favor, including forgiveness and kindness
. While gift-giving may involve an expectation of reciprocity, a gift is meant to be free and is not necessarily just an altruistic act
. In many cultures, gifts are traditionally presented on occasions such as birthdays and holidays and are often packaged in some way
