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Receipt

Acknowledgment in writing that something of value, or cash, has been placed into an individual's possession; written confirmation of payment rendered. Receipt of goods refers to the act of taking physical possession of them.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

receipt

n. a written and signed acknowledgement by the recipient of payment for goods, money in payment of a debt or receiving assets from the estate of someone who has died.

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.

receipt

a written acknowledgement of the payment of money; a receipt for the purchase price of land should be embodied in the conveyance.
Collins Dictionary of Law © W.J. Stewart, 2006

RECEIPT, contracts. A receipt is an acknowledgment in writing that the party giving the same has received from the person therein named, the money or other thing therein specified.
     2. Although expressed to be in full of all demands, it is only prima facie evidence of what it purports to be and upon satisfactory proof being made that it was obtained by fraud, or given either under a mistake of facts or an ignorance of law, it may be inquired into and corrected in a court of law as well as in equity. 1 Pet. C. C. R. 182; 3 Serg. & Rawle, 355; S. P. 7 Serg. & Rawle, 309; 3 Serg. & Rawle, 564, 589; 12 Serg. & Rawle, 131; 1 Sid. 44; 1 Lev. 43; 1 Saund. 285; 2 Lutw. 1173; Co. Lit. 373; 2 Stark. C. 382; 1 W., C. C. R. 328; 2 Mason's R. 541; 11 Mass. 27; 1 Johns. Cas. 145; 9 John. R. 310; 8 Johns. R. 389; 5 Johns. R. 68; 4 Har. & McH. 219; 3 Har. & McH. 433; 2 Johns. R. 378; 2 Johns. R., 319. A receipt in full, given with a full knowledge of all the circumstances and in the absence of fraud, seems to be conclusive. 1 Esp. C. 172; Benson v. Bennet, 1 Camp. 394, n.
     3. A receipt sometimes contains an acknowledgment of having received a thing, and also an agreement to do another. It is only prima facie evidence as far as the receipt goes, but it cannot be contradicted by parol evidence in any part by which the party engages to perform a contract. A bill of lading, for example, partakes of both these characters; it may be contradicted or explained as to the facts stated in the recital, as that the goods were in good order and well conditioned; but, in other respects, it cannot be contradicted in any other manner than a common written contract. 7 Mass. R. 297; 1 Bailey, R. 174; 4 Ohio, R. 334; 3 Hawks, R. 580; 1 Phil. & Am. on Ev. 388; Greenl. Ev. Sec. 305. Vide, generally, 1 B. & C. 704 S. C. 8 E. C. L. R. 193; 2 Taunt. R. 141; 2 T. R. 366; 5 B. & A. 607; 7 E. C. L. R. 206; 3 B. & C. 421; 1 East, R. 460.
     4. If a man by his receipt acknowledges that he has received money from an agent on account of his principal, and thereby accredits the agent with the principal to that amount, such receipt is, it seems, conclusive as to the payment by the agent. For example, the usual acknowledgment in a policy of insurance of the receipt of premium from the assured, is conclusive of the fact as between the underwriter and the assured; Dalzell v. Mair, 1 Camp. 532; although such receipt would not be so between the underwriter and the broker. And if an agent empowered to contract for sale, sell and convey land, enter into articles of agreement by which it is stipulated that the vendee shall clear, make improvements, pay the purchase money by installments, &c., and on the completion of the covenants to be performed by him, receive from the vendor or his legal representatives, a good and sufficient warranty deed in fee for the premises, the receipt of the agent for Such parts of the purchase-money as may be paid before the execution of the deed, is binding on the principal. 6 Serg. & Rawle, 146. See 11 Johns. R. 70.
     5. A receipt on the back of a bill of exchange is prima facie evidence of payment by the acceptor. Peake's C. 25. The giving of a receipt does not exclude parol evidence of payment. 4 Esp. N. P. C. 214.
     6. In Pennsylvania it has been holden that a receipt, not under seal, to one of several joint debtors, for his proportion of the debt, discharges the rest. 1 Rawle, 391. But in New York a contrary rule has been adopted. 7 John. 207. See Coxe, 81; 1 Root, 72. See Evidence.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
'When the officers in charge entered the details of the receipt into the computer system for auditing purposes, they will refer to a duplicate copy in the receipt book,' she said.
class="MsoNormalThe audit ha established that staff at the registries pocketed at least S0 million in 2016 and 2017 in court fees through fraudulent activities such as use of fake receipt books, alteration of receipts and parallel receipts.
(19.) Every published receipt book contains many receipts within it that are attributed to women cooks.
The suspects issued receipts but failed to record them in the counter receipt book.
'In addition, police also seized a mobile phone, note book, receipt book, padlock, several condoms and some cash,' he told reporters after attending the Subang Jaya District Police Headquarters monthly assembly here today.
Moments after Michelle Campbell, 37, signed the postie's receipt book other officers swooped on the house and arrested her and her partner Nigel Picknett, 40.
Mr Dove said when Raza's home was searched, police found bundles of fake stamps and a receipt book revealed he had sold more than 9,000 with a value of pounds 2,736.
DERA GHAZI KHAN -- The deputy commissioner (DC) recommended to the anti-corruption director to take legal action against an employee of the Arazi Record Centre (ARC) here for allegedly embezzling the fee of immovable property by using fictitious receipt book of the district council and fake stamp of Bank of Punjab.
Police who searched Raza's home recovered 2,753 fake stamps and a receipt book revealing he had received 9,120 stamps worth pounds 2,736.
In Meru, receipt books serial numbers 4547501 to 4548000 and 4550001 to 4550500 were issued and used for revenue collection, but had not been signed in the countercheck receipt book register.
A receipt book revealed that in total Raza had received 9,120 stamps which were worth pounds 2,736.