Donation

Webster's Dictionary of the English Language

·noun The act of giving or bestowing; a grant.

II. Donation ·noun That which is given as a present; that which is transferred to another gratuitously; a gift.

III. Donation ·noun The act or contract by which a person voluntarily transfers the title to a thing of which be is the owner, from himself to another, without any consideration, as a free gift.

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