Definition of gift voucher

The concept of a gift voucher, also known as a gift certificate or gift card, has been around for centuries in various forms. The modern-day gift voucher, however, has its roots in the early 1900s when companies began issuing printed certificates that could be redeemed for specific products or services. The term "gift voucher" itself is a relatively recent addition to the English language. It originated in the United Kingdom in the 1990s as a replacement for the traditional "gift token," which had fallen out of favor due to confusion over its value and expiration dates. The Oxford English Dictionary traces the first recorded use of the term "gift voucher" to 1991, when it appeared in a British trade publication. Since then, the term has spread worldwide and become a common part of the marketing vocabulary for businesses looking to offer convenient and flexible shopping options. In summary, the origin of the word "gift voucher" can be traced back to the early 20th century when companies first began issuing printed certificates for products and services. The term itself emerged in the UK in the 1990s as a way to simplify and standardize the use of gift certificates, ultimately leading to their widespread adoption around the world.