Receipt


Definition of "Receipt"

Chris Hightower
Chris Hightower The Hightower Company

  1. receiving something such as a cash payment.
  2. Written statement that something has been received such as cash, real property, or documents. The purchaser should always get a receipt. An example is the buyer of real estate getting a receipt for giving money to the seller as a down payment.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ