A gift, also known as a present, is something given to someone without expecting anything in return. If the person receiving the gift already owns the item, it is not considered a gift. Although there may be an expectation of reciprocity when giving a gift, it is intended to be unrequited. In many countries, the act of exchanging money, goods, and other items with one another can help to maintain social relations and contribute to social cohesion. The economics of gift-giving has been developed into the concept of a gift economy by economists. By extension, a gift can be any item or act of service that makes the other person happy or less sad, especially as a favor, such as forgiveness and kindness. Birthdays and holidays are two occasions when gifts to Pakistan are most commonly given.
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