GROSSED-UP GIFT
\ɡɹˈə͡ʊstˌʌp ɡˈɪft], \ɡɹˈəʊstˌʌp ɡˈɪft], \ɡ_ɹ_ˈəʊ_s_t_ˌʌ_p ɡ_ˈɪ_f_t]\
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The total amount promised by the deceased to a beneficiary. Since a gift tax can reduces the promised value, there is a practice of adding an amount back into the deflated value after the taxes are paid, bring the gift back to its original amount.
By Henry Campbell Black