REGIFT is validvalid

to give a gift one has received to someone else [v REGIFTED, REGIFTING, REGIFTS] : REGIFTER [n]

26,633 of 196,601 in NWL2023·also valid in CSW24

to take a gift that has been received and give it to somebody else, sometimes in the guise of a new gift [v -ED, -ING, -S]