c.1200, "thing offered, what is offered or given as a gift," from Old French present and Medieval Latin presentia, from phrases such as French en present "(to offer) in the presence of," mettre en present "place before, give," from Late Latin inpraesent "face to face," from Latin in re praesenti "in the situation in question," from praesens "being there" (see present (adj.)), on the notion of "bringing something into someone's presence."
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A significant fraction of gifts are unwanted, or the giver pays more for the item than the recipient values it, resulting in a misallocation of economic resources known as a deadweight loss. Unwanted gifts are often regifted, donated to charity, or thrown away. A gift that actually imposes a burden on the recipient, either due to maintenance or storage or disposal costs, is known as a white elephant.
Be up to date with today’s parenting by providing your child with electronic & learning toys. Early exposure to simple, electronic teaching toys such as laptops, tablets and hand-held devices for kids can help prepare your preschooler for the world of technology that lies ahead. At the same time, these engaging devices turn education into a game and encourage kids to develop good lifelong learning habits.