1. A mutual agreement to suspend holiday gifts for at least one season, usually within a single family or circle of friends.
2. The act of replacing useless and pointless merchandise with something more meaningful, such as a charitable donation, service project or holiday party.
3. Wal-Mart's biggest nightmare.
Due to the recession, we've decided that Degifting is the best plan for Christmas this year. Instead, we're all getting together to serve food at the homeless shelter. I really don't need another Salad Shooter. Do you?
Degitu is a name originating from Eastern Africa, specifically Ethiopia. Degitus tend to be rather shy at first but once they let you into their hearts, they will protect you at all costs even if they won't admit it. They are stunningly beautiful, with long black hair glittering in the sun. People named Degitu are extremely hard workers but they are not very cleanly. If you have a Degitu in your life treasure her more than anything else.