Donation
donation n
1 : the making of an esp. charitable gift
2 in the civil law of Louisiana : a voluntary transfer of ownership of property from one person to another compare
sale dis·guised donation : a transfer of property (as a sale) that does not have a sufficient reciprocal consideration (as a proportional price) so that it is considered a gratuitous donation and must meet the statutory requirements for a donation (as a notarial act) to be valid called also
donation in disguise compare
simulation donation in·ter vi·vos [-in-tər-vī-vōs, -in-ter-vē-vōs]
: a donation that transfers property owned by the donor and that takes effect upon the donee's acceptance compare
gift inter vivos at
gift donation mor·tis cau·sa [-mȯr-tis-kȯ-zə, -mȯr-tēs-ka-sÄ ]
: a donation that is to take effect on the donor's death and that is revocable compare
gift causa mortis at
gift 3 : something that is transferred by a donation