When one steals a present rather than having it given to them.
Boy: Im assuming I will get hosed
until I jack his card and order a watch with it!
Girl: You can't jack a GIFT!
Boy: Yeah you can
its called Gift Jacking
"run yo shit foo"
and take the card
then you call and say
"send me that shit foo"
"you done been gift jacked foo"
maybe I need to add that to Urban Dictionary
What the Grinch did to the Whos...they got gift jacked sad