Re-gifting. The act of taking a gift you received - that you didn't like, or have no use for - and wrapping it up as a gift for someone else. There's a limit to what should qualify as an eligible re-gift though, right?
As you're checking names off your holiday shopping list and watching your bank account dwindle, perhaps regifting is sounding better and better. According to a Money Management survey, 58% of people surveyed plan to regift or have done so in the past. However, there are some things to keep in mind when regifting.