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1.
The act of taking the posession(s) of another person, and then giving them to a different person during a holiday season.
I definitely just pilfergifted my little sister's Malibu Barbie to Todd.

or

Sir, I'm sorry but you've been caught pilfergifting from innocent children.
by .Ryan. January 13, 2007

Words related to pilfergifting

gift pilfer repilfergifting robbery gifting present presents