What is De-regift?
1.
1. Verb. To
Brother: Man this gift sucks. (What the heck is it? I'll just give it to my sister.) Here you can have it.
Sister: Aww thanks brother! I always wanted one of these!
Brother: (Hey she actually likes it, maybe its useful) Actually wait, can i de-regift you? Erm degift you?
See