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The act of using a gift card to purchase another gift card of equal or slightly greater value in order to hide the fact that you're just regifting the original gift card.
After I do some gift card laundering at the mall today, these gift cards I got last Christmas will be squeaky clean and ready for regifting. No one will ever catch on to my operation - muhahaHAHA!
by Jeema December 07, 2009
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