pilfergifting

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 14, 2007
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Repilfergifting

The act of taking another's possession(s), only to redistribute it/them as a gift during the holiday season.
Hey, Ryan Lilly's mom TOTALLY repilfergifted him this nasty ass sweater that his sister-and-law got him the year before. No lie.

or

"So what should we call what your mom just did to you?"
"Umm.... REPILFERGIFTING".
by .Ryan. January 14, 2007
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