Donation
DONATION, noun [Latin , to give.]
1. The act of giving or bestowing; a grant.
That right we hold by his donation
2. In law, the act or contract by which a thing or the use of it is transferred to a person, or corporation, as a free gift. To be valid, a donation supposes capacity both in the donor to give and donee to take, and requires consent, acceptance and delivery.
3. That which is given or bestowed; that which is transferred to another gratuitously, or without a valuable consideration; a gift; a grant. donation is usually applied to things of more value than present.
Mr. Boudinot made a donation of ten thousand dollars to the American Bible Society.