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the act of regifting a recieved gift, however an additional five to ten dollars is spent to upgrade the gift to a larger size or better make. this in turn makes the giver feel more better about the regifting.
Jeff- "I'll be right back, I gotta go to the store to finish up my Christmas shopping."

Pops- "Whatcha gettin?"

Jeff- "Gonna take this flashlight back and get a bigger one. I love upgrade regifting.

Pops- "Didn't I get you a flashlight last year for Christmas?"
by thetryplethreat December 22, 2010
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