donation

noun | do·na·tion

1. : the making of an especially charitable gift

2. : a voluntary transfer of ownership of property from one person to another — compare sale

   — disguised 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 inter vivos
   : 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 mortis causa
   : 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