gifting power
n.— «Allowing the people who watch over you to withdraw money for themselves—often called “gifting powers”—could be dangerous and needs to be discussed at length with your lawyer. Also, federal laws have changed and could make a person ineligible for medical assistance if a certain dollar amount of “gifting” was done.» —“Grandson in guardian quandary” by Jennifer Learn-Andes Times Leader (Wilkes-Barre, Pennsylvania) Sept. 11, 2006. (source: Double-Tongued Dictionary)
Further reading
If you speak a second or third language, you may remember the first time you dreamed in that new tongue. But does this milestone mean you’re actually fluent? And a couple’s dispute over the word regret: Say you wish you’d been able...
While reading Great Expectations (Bookshop|Amazon) by Charles Dickens, a listener in Arlington, Texas, is surprised when one of the characters inherits some money, which Dickens describes as a cool four thousand. Were they really using cool that way...