George Bailey is a fictional character and the protagonist in Frank Capra's 1946 film It's a Wonderful Life. The character is a building and loan banker who sacrifices his dreams in order to help his community of Bedford Falls to the point where he feels life has passed him by. Eventually, due to difficulties in keeping the building and loan solvent, Bailey falls into despair so deep that he contemplates suicide, until a guardian angel, Clarence Odbody, gives him a valuable perspective on the worth of his life. George finds through Odbody's angelic power and gift what life would be like if he didn't have his wife, Mary, his children and friends, and what their lives and the social structure of Bedford Falls would be like without him.

"The Greatest Gift" is a 1943 short story written by Philip Van Doren Stern, loosely based on the Charles Dickens 1843 novella A Christmas Carol, which became the basis for the film It's a Wonderful Life (1946). It was self-published as a booklet in 1943 and published as a book in 1944.