Did you know that 26% of engagements happen at Christmas time? Right up there with the stress of holiday obligations and partying, two people decide to commit their futures to each other. Not a good idea.
An engagement ring is not a gift. Unlike jewelry or a cashmere sweater, an engagement ring signifies a commitment, a promise that is fulfilled when you marry.
If you decide not to marry your fiancee, you have to return the ring.
Seems obvious, right? Well, who gets to keep the ring depends on where you live.


Most people see engagement rings as ‘conditional gifts given in contemplation of marriage’. If you’re not going through with it for any reason, whether you call it off, or your fiancée does, you have to give the ring back.
In Nigeria, considered to be an ‘implied conditional’ country, if the man breaks the engagement, he won’t get the ring back. If he doesn’t break the engagement but you do, he can ask for it back. Maybe he’ll get it, maybe not, but he can go to court to try.

In Montana, an engagement ring is considered to be an unconditional, completed gift. You don’t have to give it back and there’s nothing he can do about it.
Whether you return the ring , or you get to keep it, I feel sorry for the poor guy who may be paying for years on a ring that loses more than half its value the minute he buys it. (A diamond, like a car, is worth a lot less when you try to resell it.) It doesn’t seem fair in this day of gender equality that a man should go into debt to prove his love.
Getting engaged is a two-way street. I believe that couples should exchange engagement rings that they both can afford. It would be interesting to know if the biggest engagement rings resulted in the happiest marriages. Meanwhile readers, check the law in your countries…unless you live in Nigeria.

http://www.hygist.com/2015/12/an-engagement-ring-is-not-christmas-gift.html