noun re·ceipt \ri-ˈsēt\

: a piece of paper on which the things that you buy or the services that you pay for are listed with the total amount paid and the prices for each

: the act of receiving something

receipts : money that a business, bank, or government receives

Full Definition of RECEIPT

:  recipe
a obsolete :  receptacle
b archaic :  a revenue office
:  the act or process of receiving
:  something received —usually used in plural
:  a writing acknowledging the receiving of goods or money

Examples of RECEIPT

  1. Keep your receipt in case you need to return anything.
  2. The form should be completed and returned within 30 days of receipt.
  3. Open immediately upon receipt of the package.
  4. Our company deposits cash receipts every day.

Origin of RECEIPT

Middle English receite, from Anglo-French, from Medieval Latin recepta, probably from Latin, neuter plural of receptus, past participle of recipere to receive
First Known Use: 14th century



Definition of RECEIPT

transitive verb
:  to give a receipt for or acknowledge the receipt of
:  to mark as paid

First Known Use of RECEIPT


Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite
May 30, 2015
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