Receipt definition: a written acknowledgment of payment admitting a fact and subject to parol explanation or contradiction. A receipt is a written acknowledgment that money or a thing of value was received, serving solely as an admission of fact and not creating affirmative ... Summary
Receipt definition: a written acknowledgment of payment admitting a fact and subject to parol explanation or contradiction.
A receipt is a written acknowledgment that money or a thing of value was received, serving solely as an admission of fact and not creating affirmative obligations; it is admissible as evidence but remains subject to parol explanation or contradiction.
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