A red envelope, red packet, hongbao or ang pau is a gift of money given during holidays or for special occasions such as weddings, graduations, and birthdays. It originated in China before spreading across parts of Southeast Asia and other countries with sizable ethnic Chinese populations.
A wedding anniversary is the anniversary of the date that a wedding took place. Couples often mark the occasion by celebrating their relationship, either privately or with a larger party. Special celebrations and gifts are often given for particular anniversary milestones. In some cultures, traditional names exist for milestone anniversaries; for instance, fifty years of marriage may be known variously as a "golden wedding anniversary", "golden anniversary" or "golden wedding".
In game theory, a Perfect Bayesian Equilibrium (PBE) is a solution with Bayesian probability to a turn-based game with incomplete information. More specifically, it is an equilibrium concept that uses Bayesian updating to describe player behavior in dynamic games with incomplete information. Perfect Bayesian equilibria are used to solve the outcome of games where players take turns but are unsure of the "type" of their opponent, which occurs when players don't know their opponent's preference between individual moves. A classic example of a dynamic game with types is a war game where the player is unsure whether their opponent is a risk-taking "hawk" type or a pacifistic "dove" type. Perfect Bayesian Equilibria are a refinement of Bayesian Nash equilibrium (BNE), which is a solution concept with Bayesian probability for non-turn-based games.
Etiquette in Japan forms common societal expectations of social behavior practiced throughout the nation of Japan. The etiquette of Japan has changed greatly over the millennia as different civilizations influenced its culture. Modern Japanese etiquette has a strong influence from that of China and the Western world, but retains many of its unique traditional elements.
A bridal registry or wedding registry is a service provided by a website or retail store that assists engaged couples in the communication of gift preferences to wedding guests. Selecting items from store stock, the couple lists desired items and files this list with the chosen merchant. The list is then made available to wedding guests, either by the couple's family or by the merchant. Upon the purchase of a listed item, the merchant updates the gift registry accordingly. In addition to providing valuable information for the buyer, the system helps prevent the receipt of duplicate or unwanted gifts, potentially saving time for both the giver and recipient.
Regifting or regiving is the act of taking a gift that has been received and giving it to somebody else, sometimes in the guise of a new gift.
A hamper refers to one of several related basket-like items. In primarily British usage, it refers to a wicker basket, usually large, that is used for the transport of items, often food. In North America, the term generally refers to a household receptacle, often a basket, for clean or dirty clothing, regardless of its composition, i.e. "a laundry hamper". Typically a laundry hamper is used for storage and will be sturdier, taller and have a lid while a laundry basket is open and used mainly for transport.
A party favor is a small gift given to the guests at a party as a gesture of thanks for their attendance, a memento of the occasion, or simply for fun.
The traditional Vietnamese wedding is one of the most important ceremonies in Vietnamese culture, which is influenced by Confucian and Buddhist ideologies.
In economics, a gift tax is the tax on money or property that one living person or corporate entity gives to another. A gift tax is a type of transfer tax that is imposed when someone gives something of value to someone else. The transfer must be gratuitous or the receiving party must pay a lesser amount than the item's full value to be considered a gift. Items received upon the death of another are considered separately under the inheritance tax. Many gifts are not subject to taxation because of exemptions given in tax laws. The gift tax amount varies by jurisdiction, and international comparison of rates is complex and fluid.
Gift wrapping is the act of enclosing a gift in some sort of material. Wrapping paper is a kind of paper designed for gift wrapping. An alternative to gift wrapping is using a gift box or bag. A wrapped or boxed gift may be held closed with ribbon and topped with a decorative bow.
Mishloach manot, or shalech mones, and also called a Purim basket, are gifts of food or drink that are sent to family, friends and others on Purim day. The mitzvah of giving mishloach manot derives from the Book of Esther. It is meant to ensure that everyone has enough food for the Purim feast held later in the day, and to increase love and friendship among Jews and their neighbors.
A wish list, wishlist or want list is an itemization of goods or services that a person or organization desires. The author may distribute copies of their list to family, friends, and other stakeholders who are likely to purchase gifts for the would-be recipient or to offer some of the listed items for sale. The goal of a wish list is to facilitate communication between the gift receiver and the gift giver. Wish lists often contain items that a gift purchaser can obtain from a variety of retailers. Some wish lists are specialized for particular purposes or concentrated at individual retailers, such as gift registries.
A gift registry is a particular type of wish list in Western countries.
In retail, a product return is the process of a customer taking previously purchased merchandise back to the retailer, and in turn receiving a refund in the original form of payment, exchange.
Promotional merchandise are products branded with a logo or slogan and distributed at little or no cost to promote a brand, corporate identity, or event. Such products, which are often informally called promo products, swag, tchotchkes, or freebies, are used in marketing and sales. They are given away or sold at a loss to promote a company, corporate image, brand, or event. They are often distributed as handouts at trade shows, at conferences, on sales calls, and as bonus items in shipped orders. They are often used in guerrilla marketing campaigns.
A nuptial gift is a nutritional gift given by one partner in some animals' sexual reproduction practices.
The economics of Christmas are significant because Christmas is typically a high-volume selling season for goods suppliers around the world. Sales increase dramatically as people purchase gifts, decorations, and supplies to celebrate. In the U.S., the "Christmas shopping season" starts as early as October. In Canada, merchants begin advertising campaigns just before Halloween, and step up their marketing following Remembrance Day on 11 November. In the UK and Ireland, the Christmas shopping season starts from mid-November, around the time when high street Christmas lights are turned on. In the United States, it has been calculated that about one fifth of retail sales to one quarter of all personal spending takes place during the Christmas/holiday shopping season. Figures from the U.S. Census Bureau reveal that expenditure in department stores nationwide rose from $20.8 billion in November 2004 to $31.9 billion in December 2004, an increase of 54 percent. In other sectors, the pre-Christmas increase in spending was even greater, due to a November through December buying surge of 100% in bookstores and 170% in jewelry stores. In the same year employment in American retail stores rose from 1.6 million to 1.8 million in the two months leading up to Christmas. This means that while consumers might spend more during this season, they also are given increased employment opportunities as sales rise to meet the increased demand.
A Christmas gift or Christmas present is a gift given in celebration of Christmas. Christmas gifts are often exchanged on Christmas Eve, Christmas Day itself or on the last day of the twelve-day Christmas season, Twelfth Night. The practice of giving gifts during Christmastide, according to Christian tradition, is symbolic of the presentation of the gifts by the Three Wise Men to the infant Jesus.
