Here's gift (7)
I believe the answer is:
present
I believe this is a double definition.
'here's' is the first definition.
(similar in meaning)
'gift' is the second definition.
(present is a kind of gift)
(Other definitions for present that I've seen before include "something not seen under a tree every day" , "Reveal < a gift" , "Gift; time now; here" , "Repents (anag.)" , "In attendance with award?" .)