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English definition of “receipt”

receipt

noun (RECEIVING)    /rɪˈsiːt/
B2 [U] formal the act or state of receiving money or goods : Goods will be delivered on receipt of payment (= after the money is received ). You have been in receipt of unemployment benefit for two months .Getting, receiving and acceptingCapturing or taking possession of things receipts [plural] the amounts of money received during a particular period by a business : The theatre's receipts for the winter were badly down.Profits and losses
(Definition of receipt noun (RECEIVING) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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