Super Finance Glossary Over 10,000 financial glossary terms... Browse by Letter: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Or Enter Search Term: By Author: All Sources Campbell Harvey Internal Revenue Service Finance Globe FDIC Snow Gold CFTC U.S. Census Bureau Search Tips Gift Tax Source Gift TaxDefinition: A tax assessed on the giver of a property or asset as a gift. A $10,000 federal gift tax exemption exists per recipient. See: Gift splitting.