/ Dictionary / Index G gift tax: Meaning and Definition of Find definitions for: gift' tax" Pronunciation: [key] a tax imposed on the transfer of money or property from one living person to another by gift, payable by the donor. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. gift of tongues gift voucher Related Content Daily Word Quiz: pristine Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language