お年玉(としだま)

おとしだま
noun
New Year's money gift
culturemoney
1. New Year's money gift
money given to children by adults during the New Year holiday period
お年玉(としだま)をもらう。
To receive New Year's money.
姪(めい)っ子(こ)にお年玉(としだま)を渡(わた)した。
I gave New Year's money to my niece.
It's proper etiquette to give New Year's money in a special envelope.

Etymology

Originally referred to rice cakes (餅(もち)) given to children at New Year, symbolizing the spirit of the year's deity. The custom evolved to giving money.

Cultural note

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