A defined/ explained , expounded , interpreted, elucidated, explicated, described, clarified; value gift is a formula gift that is tied to both the value the client wants to give and the value of the gift as finally determined for gift tax purposes.

GIFT TAX is a tax on the transfer of property by one individual to another while receiving nothing or less than full value in return. You make a gift if you give property, including money and Cash, stocks and bonds, mutual funds, even houses and cars without expecting to receive something of at least equal/ identical/ equivalent value in return. But things like ownership interests in privately owned businesses, investments in oil or gas wells and artwork are hard to value if you sell something at less than its full value or if you make an interest-free or reduced-interest loan, you may be making a gift.