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?
by Peter Kobs December 21, 2009

Free Daily Email

Type your email address below to get our free Urban Word of the Day every morning!

Emails are sent from daily@urbandictionary.com. We'll never spam you.

×