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: an act that shows a transferor's intent to make a transfer of property (as a gift)
: the transfer of possession or exclusive control of property to another
: a delivery (as by hand or shipment) of actual physical property (as jewelry or stock certificates)
: a delivery after which ownership will be transferred upon fulfillment of a condition compare gift causa mortis at gift NOTE: A conditional delivery is usually made in order to make a transfer revocable.
: a delivery of a representation of property (as a written instrument) or means of possession (as a key) that is construed by a court as sufficient to show the transferor's intent or to put the property under the transferee's control called also symbolic delivery
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.