What are small gifts allowed under specific conditions in ethical practice called?

Small gifts allowed under specific conditions in ethical practice are referred to as nominal value gifts. These gifts are typically valued at a minimal amount, and the practice of accepting or giving them is acceptable in many professional settings as long as they comply with the organization's ethical guidelines or policies.

Nominal value gifts are intended to symbolize goodwill or appreciation without influencing decisions or creating any sort of obligation. They help maintain positive relationships while adhering to ethical standards that prevent corruption or favoritism.

The other choices do not carry the same specific definition used in ethical policies. For example, while token gifts may suggest a similar notion, they might not be explicitly recognized in the same context of low-value gifting policies. Courtesy gifts could imply a broader range of gift-giving that includes those of higher value, which may breach ethical boundaries. Insignificant gifts might downplay the importance of the ethical controls in place and may not encapsulate the defined nature of acceptable gift-giving practices in professional environments.