Definition of receipt

The word "receipt" has a fascinating history! It originated in the 14th century from the Old French word "recept," which is derived from the Latin "receptum," meaning "that which is received." Initially, the term referred to the act of receiving or accepting something, such as a letter or a gift. Over time, the meaning of "receipt" expanded to include a written record of something received, like a bill or an order. In the 15th century, a receipt began to refer specifically to a document or paper that served as evidence of payment, goods received, or a completed transaction. Today, we use the word "receipt" to describe both the physical document and the act of obtaining or receiving something, be it a purchase, a gift, or a service.