AskDefine | Define receipts

Dictionary Definition

receipts n : the entire amount of income before any deductions are made [syn: gross, revenue]

User Contributed Dictionary

English

Pronunciation

Noun

receipts
  1. Plural of receipt

Verb

receipts
  1. third-person singular of receipt

Extensive Definition

A receipt is a written acknowledgement that a specified article or sum of money has been received as an exchange. The receipt acts as the title to the property obtained in the exchange.

Printed

In English speaking countries the term most frequently applies to the printed record given to a customer at checkout that lists the purchases made, the total amount of the transaction including taxes, discounts and other adjustments, the amount paid and the method of payment. Increasingly, these receipts may also include messages from the retailer, warranty or return details, special offers, advertisements or coupons. Receipts may also be provided for non-retail operations such as banking transactions.
Printed receipts are usually produced by thermal printing on rolls of narrow paper tape, although dot-matrix technology is also used. Recent innovations have led to multi-colored thermal printing technology and the ability to print double-sided receipts.

Gift receipts

Receipts may be presented as proof of a transaction for the purpose of exchanging or returning merchandise. Some retailers provide special "gift receipts" specifically for this purpose. Unlike a standard purchase receipt, the gift receipt omits certain information, most notably the price that was paid for an item. The receipt usually has a barcode along the bottom so that the retailer can call up the transaction information from a database of previous purchases, thus authenticating a return.

Non-printed

Hand-written or hand-completed receipts are more often used for infrequent or irregular transactions, or for transactions conducted in the absence of a terminal, cash register or point of sale (for example, as provided by a landlord to a tenant for receipt of rent money.)

Electronic

Electronic receipts (sometimes abbreviated e-receipts) are frequently rendered for transactions made online or through other electronic media. They may take the form of emails or of dynamically-generated web pages that users can save or print. In addition to the normal transactional data, electronic receipts often contain hyperlinks to the seller's website or to pages describing the items purchased.

See also

receipts in Czech: Kvitance
receipts in Danish: Kvittering
receipts in German: Kassenbon
receipts in French: Reçu
receipts in Dutch: Kwitantie
receipts in Japanese: 領収書
receipts in Portuguese: Nota fiscal
receipts in Russian: Кассовый чек
receipts in Simple English: Receipt
receipts in Finnish: Kuitti
receipts in Swedish: Kvitto
receipts in Thai: ใบเสร็จรับเงิน

Synonyms, Antonyms and Related Words

accounts, accounts payable, accounts receivable, assets, budget, budgeting, capital gains, cleanup, clear profit, costing-out, dividends, earnings, expenditures, filthy lucre, gain, gains, get, gettings, gleanings, gross, gross profit, hoard, income, interest, killing, liabilities, lucre, makings, neat profit, net, net profit, outstanding accounts, paper profits, pelf, percentage, perk, perks, perquisite, pickings, proceeds, profit, profits, rake-off, return, returns, store, take, take-in, unpaid accounts, wealth, winnings
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