Received vs. Receipt - What's the difference?

Wikipedia

  • Receipt

    A receipt (also known as a packing list, packing slip,, packaging slip, (delivery) docket, shipping list, delivery list, bill of parcel, manifest or customer receipt), is a document acknowledging that a person has received money or property in payment following a sale or other transfer of goods or provision of a service. All receipts must have the date of purchase on them. If the recipient of the payment is legally required to collect sales tax or VAT from the customer, the amount would be added to the receipt and the collection would be deemed to have been on behalf of the relevant tax authority. In many countries, a retailer is required to include the sales tax or VAT in the displayed price of goods sold, from which the tax amount would be calculated at point of sale and remitted to the tax authorities in due course. Similarly, amounts may be deducted from amounts payable, as in the case of wage withholding taxes. On the other hand, tips or other gratuities given by a customer, for example in a restaurant, would not form part of the payment amount or appear on the receipt. In some countries, it is obligatory for a business to provide a receipt to a customer confirming the details of a transaction. In most cases, the recipient of money provides the receipt, but in some cases the receipt is generated by the payer, as in the case of goods being returned for a refund. A receipt is not the same as an invoice.There is usually no set form for a receipt, such as a requirement that it be machine generated. Many point-of-sale terminals or cash registers can automatically produce receipts. Receipts may also be generated by accounting systems, be manually produced or generated electronically, for example if there is not a face-to-face transaction. To reduce the cost of postage and processing, many businesses do not mail receipts to customers, unless specifically requested or required by law, with some transmitting them electronically. Others, to reduce time and paper, may endorse an invoice, account or statement as "paid".

Wiktionary

  • Received (verb)

    simple past tense and past participle of receive

  • Received (adjective)

    Generally accepted as correct or true.

  • Receipt (noun)

    The act of receiving, or the fact of having been received.

  • Receipt (noun)

    The fact of having received a blow, injury etc.

  • Receipt (noun)

    A quantity or amount received; takings.

    "This weekend's receipts alone cover our costs to mount the production!"

  • Receipt (noun)

    A written acknowledgment that a specified article or sum of money has been received.

  • Receipt (noun)

    (A piece of) evidence (e.g. documentation or screen captures) of past wrongdoing or problematic behavior or statements.

  • Receipt (noun)

    A recipe, instructions, prescription.

  • Receipt (noun)

    A receptacle.

  • Receipt (noun)

    A revenue office.

  • Receipt (noun)

    Reception, as an act of hospitality.

  • Receipt (noun)

    Capability of receiving; capacity.

  • Receipt (noun)

    A recess; a retired place.

  • Receipt (verb)

    To give or write a receipt (for something).

    "to receipt delivered goods"

  • Receipt (verb)

    To put a receipt on, as by writing or stamping; to mark a bill as having been paid.

    "to receipt a bill"

Oxford Dictionary

  • Receipt (noun)

    the action of receiving something or the fact of its being received

    "families in receipt of supplementary benefit"

    "I would be grateful if you would acknowledge receipt of this letter"

  • Receipt (noun)

    a written or printed statement acknowledging that something has been paid for or that goods have been received

    "always make sure you get a receipt"

  • Receipt (noun)

    an amount of money received during a particular period by an organization or business

    "box office receipts"

  • Receipt (noun)

    a recipe

    "she spent hours in the kitchen, trying all sorts of receipts"

  • Receipt (verb)

    mark (a bill) as paid

    "the receipted hotel bill"

Webster Dictionary

  • Receipt (noun)

    The act of receiving; reception.

  • Receipt (noun)

    Reception, as an act of hospitality.

  • Receipt (noun)

    Capability of receiving; capacity.

  • Receipt (noun)

    Place of receiving.

  • Receipt (noun)

    Hence, a recess; a retired place.

  • Receipt (noun)

    A formulary according to the directions of which things are to be taken or combined; a recipe; as, a receipt for making sponge cake.

  • Receipt (noun)

    A writing acknowledging the taking or receiving of goods delivered; an acknowledgment of money paid.

  • Receipt (noun)

    That which is received; that which comes in, in distinction from what is expended, paid out, sent away, and the like; - usually in the plural; as, the receipts amounted to a thousand dollars.

  • Receipt

    To give a receipt for; as, to receipt goods delivered by a sheriff.

  • Receipt

    To put a receipt on, as by writing or stamping; as, to receipt a bill.

  • Receipt (verb)

    To give a receipt, as for money paid.

Princeton's WordNet

  • Received (adjective)

    conforming to the established language usage of educated native speakers;

    "standard English"

    "received standard English is sometimes called the King's English"

  • Received (adjective)

    widely accepted as true or worthy;

    "the accepted wisdom about old age"

    "a received moral idea"

    "Received political wisdom says not; surveys show otherwise"

  • Receipt (noun)

    the act of receiving

  • Receipt (noun)

    an acknowledgment (usually tangible) that payment has been made

  • Receipt (verb)

    report the receipt of;

    "The program committee acknowledged the submission of the authors of the paper"

  • Receipt (verb)

    mark or stamp as paid

Illustrations

Receipt

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