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She is giving her friend a gift.

Present participle of give; to provide or hand over something.
He is giving a speech at the event.
They are giving their time to help others.
I am giving my opinion on the matter.
giving advice
giving help
giving support
providing
offering
supplying
Her giving made a big difference.

The act of providing something to someone.
His giving was appreciated by all.
The giving of gifts is a nice tradition.
Their giving helped the community thrive.
generous giving
act of giving
spirit of giving
donation
contribution
offering