receipt

receipt
Written acknowledgment of the receipt of money, or delivery of a thing of value, without containing any affirmative obligation upon either party to it; a mere admission of a fact, in writing. And, being a mere acknowledgment of payment, is subject to parol explanation or contradiction. A writing which acknowledges taking or receiving either money or goods which have been paid or have been delivered. Manley v. Nelson, 50 Hawaii 484, 524, 443 P.2d 155, 158.
Act of receiving; also, the fact of receiving or being received; that which is received. That which comes in, in distinction from what is expended, paid out, sent away, and the like. State v. Texas Co., 173 Tenn. 154, 116 S.W.2d 583, 584.
It requires delivery or change of possession from seller to buyer, and can only be accomplished, in absence of tortious appropriation, by affirmative assent and conduct of seller. Gerner v. Vasby, 75 Wis.2d 660, 250 N.W.2d 319, 324, 97 A.L.R.Sd 897

Black's law dictionary. . 1990.

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  • receipt — re·ceipt /ri sēt/ n 1: the act, process, or fact of taking possession 2: something (as income) received usu. used in pl. 3: a writing acknowledging the receiving of goods or money Merriam Webster’s Dictionary of Law. Merriam Webster …   Law dictionary

  • Receipt — Re*ceipt (r[ e]*s[=e]t ), n. [OE. receite, OF. recete, recepte, F. recette, fr. L. recipere, receptum, to receive. See {Receive}.] 1. The act of receiving; reception. At the receipt of your letter. Shak. [1913 Webster] 2. Reception, as an act of… …   The Collaborative International Dictionary of English

  • Receipt — Re*ceipt , v. t. [imp. & p. p. {Receipted}; p. pr. & vb. n. {Receipting}.] 1. To give a receipt for; as, to receipt goods delivered by a sheriff. [1913 Webster] 2. To put a receipt on, as by writing or stamping; as, to receipt a bill. [1913… …   The Collaborative International Dictionary of English

  • receipt — n 1 *reception 2 Receipt, recipe, prescription are comparable when they mean a formula or set of directions for the compounding of ingredients especially in cookery and medicine. Receipt is often employed as a designation of a formula for making… …   New Dictionary of Synonyms

  • receipt — receipt, recipe In current English the meanings of these two words are distinct and cause no difficulty, but readers of Victorian or earlier literature should bear in mind that a receipt could then be what we now know as recipe (‘a formula and… …   Modern English usage

  • receipt — [ri sēt′] n. [altered (infl. by L) < ME receite < Anglo Fr, for OFr recete < ML recepta < L, fem. of receptus, pp. of recipere: see RECEIVE] 1. old fashioned var. of RECIPE 2. a receiving or being received 3. a written acknowledgment… …   English World dictionary

  • Receipt — Re*ceipt , v. i. To give a receipt, as for money paid. [1913 Webster] …   The Collaborative International Dictionary of English

  • receipt — (n.) late 14c., statement of ingredients in a potion or medicine, from Anglo Fr. or O.N.Fr. receite receipt, recipe (c.1300), altered (by influence of receit he receives, from V.L. *recipit) from O.Fr. recete, from L. recepta received, fem. pp.… …   Etymology dictionary

  • receipt — [n1] acknowledgment of delivery cancellation, certificate, chit, counterfoil, declaration, discharge, letter, notice, proof of purchase, quittance, release, sales slip, slip, stub, voucher; concepts 271,332 receipt [n2] delivery of goods… …   New thesaurus

  • receipt — ► NOUN 1) the action of receiving something or the fact of its being received. 2) a written acknowledgement of receiving something. 3) (receipts) an amount of money received over a period by an organization. ORIGIN Old French receite, from Latin… …   English terms dictionary

  • receipt — a written acknowledgement of having received money or goods specified Also statement Euroclear Clearing and Settlement glossary A detailed summary of an account. Euroclear Clearing and Settlement glossary See deposit receipt, withdrawal receipt.… …   Financial and business terms

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