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1.
the idea behind sharing what you have with others that are in need, thus giving to charity
After catastrophes like hurricane Katrina, the 2010 earthquake in Haiti or the 2010 flood in Pakistan, quick help is needed. Like true sharity.
by ricci-s September 07, 2010
 
2.
Generous actions or donations to use, enjoy, or experience jointly or in turns with all people, regardless of situation
Receiving a fully rolled joint from a stranger during Coachella.

Person 1: Thanks for the charity!
Person 2: What? I don't feel bad for you! It's Sharity!
by mggaglia May 15, 2012