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donative
[ don-uh-tiv, doh-nuh- ]
noun
- a gift or donation.
donative
/ ˈdəʊnətɪv /
noun
- a gift or donation
- a benefice capable of being conferred as a gift
adjective
- of or like a donation
- being or relating to a benefice
Word History and Origins
Word History and Origins
Origin of donative1
Example Sentences
The officials said that in the measures announced Monday, the United States would lift the cap on family remittances, previously set to $1,000 per quarter, and authorize donative remittances to non-family members.
Paying monthly homeowner association payments is not a donative act; it is mandated by law, the failure of which results in foreclosure of one's property.
It’s a concept called “donative intent,” and its presence is necessary in order for any contribution to rise to the level of a good tax donation.
Do you possess the necessary donative intent if you otherwise wouldn’t have contributed to the cause, and are doing it merely to avoid being publicly chastised by your Facebook friends?
While the principle of donative intent is very real, in recent years, the courts have tied this principle to a “quid pro quo test,” which states that in order for a donation to lack donative intent, the donor must anticipate receiving a financial benefit from the contribution commensurate with the value the donor transferred to the charity.
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