Definition of "Receipt"

Giovanna Schmieder real estate agent
Giovanna Schmieder, Real Estate Agent Coldwell Banker Real Estate Group

  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.

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