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Wiktionary
parting gift

n. 1 A gift given to someone who is leaving; a leaving present 2 Offering given, usually as a consolation prize, to a person who is not the ultimate winner of a contest. Often used in a game show for contestants who are not the grand prize winner.

Wikipedia
Parting gift

A parting gift is a gift given during parting.

Parting gift may also refer to:

  • " Parting Gift", a song by American singer Fiona Apple
  • " Parting Gifts", episode 10 of season 1 in the television show Angel
  • Parting Gifts is an American literary magazine based in North Carolina.