gift — just wrapping left (5)
I believe the answer is:
flair
'gift' is the definition.
(flair is a kind of gift)
'just wrapping left' is the wordplay.
'just' becomes 'fair' ('fair' is associated in meaning with 'just').
'wrapping' indicates putting letters inside.
'left' becomes 'l' (common abbreviation).
'fair' going around 'l' is 'FLAIR'.
(Other definitions for flair that I've seen before include "Faculty" , "Elan; panache" , "Natural ability/talent" , "Taste" , "Style, talent" .)