Legal Definition and Related Resources of Receipt

A written acknowledgment that a certain sum of money or goods stated thereon has been received. Also, in accounting practice, the term denotes moneys that are received as opposed to the expenditures. As a matter of economic concept, it defers from income since a receipt includes capital and income does not. Hamilton Nat. Bank v district of Columbia, 156 F.2d 843, 81 U.S. App. D.C.200. Also the act of receiving; the fact of receiving or being received; that which is received. state v Texas Co., 116 S.W.2d 583, 173 Tenn. 154.

(Act of receiving), noun

• acceptance
• acceptio
• accession
• acquirement
• acquisition
• admittance
• assumption
• attainment
• gain
• income
• intake
• obtainment
• possession
• reception
• recipience
• Associated Concepts: receipt of dividend
• receipt of lettersforeign phrases: Quicquid recipitur
• recipitur secundum modum recipientis
• Whatever is received is received in accordance with the intention of the recipient

(Proof of receiving), noun

• acknowledgment of payment
• acquittance
• apocha
• certificate of deposit
• discharge
• proof of delivery
• proof of payment
• quittance
• release
• signed notice
• slip
• stub
• voucher
• Associated Concepts: receipt in full
• receipt of payment
• rent receipt
• warehouse receipt

Browse or run a search for Receipt in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Receipt in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Receipt in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Receipt in the Legal Abbreviations and Acronyms Dictionary.

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Mentioned in these terms

Adequate Notice, Annuity Contract, Bank Book, Bill Of Lading, Bill Of Sale, Conceal, Hereof, Interlocutory, Letter, Post Office, Settlement, Treasury.

Concept of Receipt in the context of Real Property

A short definition of Receipt: A written acknowledgement or admission that something has been received. Has no other legal effect, and does not in itself affirm any contractual obligation.

Concept of Receipt in the context of Real Property

A short definition of Receipt: A written acknowledgement or admission that something has been received. Has no other legal effect, and does not in itself affirm any contractual obligation.

Receipt

Receipt