Regifting Gains Popularity

Regift: (verb) To give an unwanted gift to someone else; to give as a gift something one previously received as a gift.  Webster's New Millennium™ Dictionary of English, Preview Edition (v 0.9.6).

Regifting has gained in popularity since comedian Jerry Seinfeld first coined the term a decade ago. According to the Macmillan English Dictionary, the increasing popularity of the word and its recent link to online auctions has made the phenomenon of regifting more acceptable.  In fact, more than half of adults recently surveyed by Money Management International (MMI) find regifting acceptable. 25% of those people believe that regifting is becoming more accepted because it is a way to save on holiday expenses.  14% believe that regifting is becoming more accepted because it is a method of recycling.

Even the etiquette experts at the Emily Post Institute approve of the practice in some circumstances.