Definition of receipt in US English:

receipt

noun

  • 1The action of receiving something or the fact of its being received.

    ‘I would be grateful if you would acknowledge receipt of this letter’
    ‘this office is already in receipt of your midterm grades’
    • ‘I acknowledge receipt of your letter dated 29th May 2003 and comment as follows.’
    • ‘As a councillor, I have been in receipt of hundreds of letters from the local community expressing their concerns at the condition of our roads.’
    • ‘We acknowledge receipt of your letter of 7th February and reply as follows.’
    • ‘More than 50,000 low-income households are in receipt of such financial support, funded by the Department of Social and Family Affairs.’
    • ‘Talk of a large population of children growing up in welfare dependent homes can be misleading if it ignores the fact that most families in receipt of a benefit do not remain on that benefit for extended periods.’
    • ‘The number of people of employable age in receipt of incapacity benefit for longer than six months has quadrupled - from half a million in 1981 to two million in 2002.’
    • ‘The result is that the total number in receipt of the benefit has risen.’
    • ‘After receipt of the equalization payment she will not have a need for support.’
    • ‘My decision with respect to costs shall be reserved pending receipt of written submissions from the parties.’
    • ‘Elderly people in receipt of a mobility allowance are being seriously disadvantaged when they reach the age of 65 years, it has emerged this week.’
    • ‘He has not yet even had the courtesy to acknowledge receipt of my letter.’
    • ‘Employers must retain records in respect of each employee in receipt of taxable benefits.’
    • ‘Those in receipt of social welfare are eligible.’
    • ‘The closing date for receipt of applications is Tuesday, August 5 at 5pm.’
    • ‘The closing date for receipt of entries will be Friday December 6, 2002.’
    • ‘At present there are about 271 members contributing to the scheme, with approximately 1,100 in receipt of a pension.’
    • ‘Grants to improve heating and insulation of property are available to pensioners in receipt of pension credit or attendance allowance and anyone receiving a disability living allowance.’
    • ‘Closing date for receipt of completed applications is Friday, November at 12 noon.’
    • ‘The fact that the employee is dismissed while in receipt of his contractual sick pay does not make the termination automatically unfair.’
    • ‘Upon receipt of your instructions we will write to the debtor demanding payment of the outstanding sums.’
    receiving, reception, getting, obtaining, gaining
    View synonyms
    1. 1.1 A written or printed statement acknowledging that something has been paid for or that goods have been received.
      • ‘Having a set place to put your monthly bank statements, receipts, and bills can make the difference between chaos and order.’
      • ‘Shred or rip up all financial documents (including all receipts, statements, bills and junk mail) before disposal.’
      • ‘Then something like a receipt or a statement came out of the machine and she took ages reading it before reinserting her card and doing the same again.’
      • ‘Check your receipts against your statements carefully.’
      • ‘You will receive a receipt and acknowledgement by return.’
      • ‘These records are equivalent to the till receipts you are given when shopping in the physical world.’
      • ‘Save your receipts and each evening write down your expenses for the day.’
      • ‘To his surprise, the agent wrote him a receipt for the cash and stamped it.’
      • ‘He just gives you a small receipt printed out by computer.’
      • ‘Still another computer scans the debit card information, tells the cashier's computer that the transaction is complete, and prints a receipt.’
      • ‘All collectors will carry appropriate identification and official receipts will be provided.’
      • ‘Check your statements against your receipts and contact your bank or credit card company immediately if you spot anything unfamiliar.’
      • ‘Sometimes I think I'm broke and then I'll find a €50 note nestling between a taxi receipt and an ATM statement.’
      • ‘Get in the habit of regularly shredding statements, receipts, credit card applications, and other material with personal identification information.’
      • ‘Customers then place their order, print off a receipt and return home.’
      • ‘Shredding your statements and receipts is also a good way to protect yourself from ‘bin raiders’, who piece together personal financial information from your rubbish.’
      • ‘Watch out for errors on your accounts by keeping good records: hang on to all your receipts and ATM slips and check every statement carefully.’
      • ‘A single mother from Stratton is warning people to check their receipts and bank statements after she was charged twice for the same items.’
      • ‘Therefore, if you paid cash, a receipt may be the only proof you have.’
      • ‘Then there's his gripe about having to pay a €125 deposit for his broadband service and not receiving a receipt to acknowledge that he's coughed up.’
      • ‘In some parts of the country, criminal gangs will pay homeless people to rummage though dustbins for receipts and bank statements.’
      proof of purchase, sales slip, sales ticket, till receipt
      View synonyms
    2. 1.2receipts An amount of money received during a particular period by an organization or business.
      ‘box-office receipts’
      • ‘With the collapse in world equity markets and the fall in house prices, capital gains and inheritance tax receipts will continue to fall for the foreseeable future.’
      • ‘Income tax receipts are up 10.1 per cent and corporation tax receipts are up 13.1 per cent.’
      • ‘Our income tax receipts currently account for 8 per cent of GDP approximately.’
      • ‘More revenue had to be raised from customs as receipts from land sales tapered off.’
      • ‘The huge receipts from capital gains tax in the late 1990s are gone.’
      • ‘A solicitor does not have to disclose a client's entire file to the accountant - only correspondence covering payments and receipts.’
      • ‘That surplus is being unexpectedly whittled away as the income tax cut and the economic slowdown lower federal tax receipts.’
      • ‘According to Professor Spencer, a drop-off in income tax receipts has been the result of the collapse in the technology sector, and the fading fortunes of wealthy financial workers.’
      • ‘And consider this, videogame sales for 1998 were nearly triple the total box office receipts for Hollywood films.’
      • ‘Industry newspaper Variety estimates that around 65 per cent of total box office receipts for Hollywood films come from overseas.’
      • ‘In the balance of payments the money flowing in comes from export receipts and from capital imports (like receiving foreign loans and foreign direct investment).’
      • ‘Some small businesses with gross receipts up to $10 million can now use the cash method of accounting.’
      • ‘A capacity 14,500 crowd will produce gate receipts of £400,000.’
      • ‘A growing number of states are in deficit as declining business profits reduce tax receipts and other revenues.’
      • ‘Some market analysts argue that income tax receipts - where the greatest fall has occurred - have been distorted due to the change in the fiscal year.’
      • ‘While Asian firms make up 30 percent of all minority companies, they account for 52 percent of all receipts from minority businesses.’
      • ‘Income tax receipts also include money netted by the Revenue Commissioners from its special investigations into tax evasion.’
      • ‘Income tax receipts were down 3.1% in the January-February period compared with the same period last year.’
      • ‘Income tax receipts are 1.8% ahead of the same period last year, compared with a Budget target of 8.4%.’
      • ‘Income tax receipts have soared by 19 per cent in the last year and the economy is all but back to full employment.’
      • ‘The long-term funding gap facing Social Security is large because promised benefits exceed payroll tax receipts by trillions of dollars.’
      • ‘Unlike the financing of payments from export and income receipts, reliance on borrowed funds may not be sustainable.’
      proceeds, takings, money received, payment received, income, revenue, earnings, turnover
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  • 2archaic A recipe.

    • ‘The Ohio testers found that most of the receipts can be made easily with present-day ingredients, techniques, and equipment.’
    • ‘Romans have always loved eating well (Apicio, who lived in the I century A.D. left a lot of cooking receipts) and today Roman dishes are considered Italian dishes.’
    cooking directions
    View synonyms

verb

[with object]usually as adjective receipted
  • 1Mark (a bill) as paid.

    ‘the receipted hotel bill’
    • ‘It is a receipted bill (dated 21 August 1817) from Bennets Hotel in Inverness.’
    • ‘Only correctly receipted invoices will be acceptable in support of a claim for grant assistance.’
    • ‘Confirmation letters will be sent on receipt of booking and receipted invoices will be sent on receipt of payment, which must be made before the event.’
    1. 1.1 Write a receipt for (goods or money)
      ‘all fish shall be receipted at time of purchase’
      • ‘Balinese ‘traditional’ law then applies: you must reimburse the receipted medical costs of the injured person and are expected to show care, for example, by visiting them in hospital.’
      • ‘He added that he thought Brown was acting on behalf of the Royal Family and it was an officially recorded and receipted sale.’
      • ‘Photographs will be receipted, copied and then returned to the owners.’
      • ‘All donations will be receipted where names are provided.’
      • ‘Trade union leaders want some form of tax credit for receipted outlays, a move calculated to inflame feeling among stay-at-home parents who have already been hit by tax individualisation.’
      • ‘The option of providing tax relief for receipted outlays on childcare is also being examined by a cabinet subcommittee.’
      • ‘Quote Ref MSC350 on all donations which will be receipted and acknowledged.’
      • ‘Of course, records of spending are all receipted, and no one was accusing him of cooking the books.’

Origin

Late Middle English: from Anglo-Norman French receite, from medieval Latin recepta ‘received’, feminine past participle of Latin recipere. The -p- was inserted in imitation of the Latin spelling.

Pronunciation

receipt

/rəˈsēt//rəˈsit/