1. A mutual agreement to suspend holiday gifts for at least one season, usually within a single family or circle of friends.
2. The act of replacing useless and pointless merchandise with something more meaningful, such as a charitable donation, service project or holiday party.
3. Wal-Mart's biggest nightmare.
Ya gotta love definiton number 3, don't ya? That's what caught my eye. Personally, my take on it might be: A mutual agreement to suspend the exchange of gift cards.
What would your definition be?