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ecogift

From Wiktionary, the free dictionary

English

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Etymology

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From eco- +‎ gift.

Noun

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ecogift (plural ecogifts)

  1. (Canada) A donation of land to a conservation charity in perpetuity, conferring certain tax benefits.
    • 2006, Canada. Department of Finance, Focusing on Priorities: The budget plan 2006 (page 123)
      At present, an individual making an ecogift receives both a charitable donations credit and a reduced inclusion rate on capital gains associated with the donation.