different between receivable vs receipt

English

Alternative forms

• receiveable

Etymology

receive +? -able

Adjective

receivable (comparative more receivable, superlative most receivable)

1. capable of being received, especially of a debt, from the perspective of the creditor.

Translations

Noun

receivable (plural receivables)

1. A debt owed, usually to a business, from the perspective of that business

   One man's receivable is another man's payable.

2. Especially, a debt arising from a sale on account or on credit.

Derived terms

• accounts receivable

English

Etymology

From Middle English receipt, receyt, receite, recorded since c. 1386 as "statement of ingredients in a potion or medicine," from Anglo-Norman or Old Northern French receite (“receipt, recipe”) (1304), altered (by influence of receit (“he receives”), from Latin recipit) from Old French recete, from Latin receptus, perfect passive participle of recipi?, itself from re- (“back”) + capi? (“I take”). The unpronounced p was later inserted to make the word appear closer to its Latin root.

Pronunciation

• IPA^(key): /???si?t/
• Rhymes: -i?t

Noun

receipt (countable and uncountable, plural receipts)

1. The act of receiving, or the fact of having been received.

   A balance payable on receipt of the goods.
2. (obsolete) The fact of having received a blow, injury etc.

   • And therewith Sir Launcelot gate all his armoure as well as he myght and put hit upon hym for drede of more resseite […].

3. (in the plural) A quantity or amount received; takings.

4. A written acknowledgment that a specified article or sum of money has been received.
5. (usually in the plural) (A piece of) evidence, documentation, etc. to prove one's past actions, accomplishments, etc.
   • 2020: Lindsey Wisniewski, "Darius Slay's Wikipedia page edited to claim DK Metcalf as his father", NBC Sports (December 1, 2020):

     "Oh yes, the Internet trolls went there, and we've got the receipts".
6. (Internet slang, usually in the plural, by extension) (A piece of) evidence (e.g. documentation or screen captures) of past wrongdoing or problematic behavior or statements.
7. (archaic in New England and rural US since end of 20th century, elsewhere since middle of 20th century) A recipe, instructions, prescription.
8. (obsolete) A receptacle.
9. (obsolete) A revenue office.
10. (obsolete) Reception, as an act of hospitality.
11. (obsolete) Capability of receiving; capacity.
    • 1644, John Evelyn, diary entry 21 October, 1644

      It has become a place of great receipt.

12. (obsolete) A recess; a retired place.

Related terms

Translations

See also

• docket

References

Verb

receipt (third-person singular simple present receipts, present participle receipting, simple past and past participle receipted)

1. To give or write a receipt (for something).

2. To put a receipt on, as by writing or stamping; to mark a bill as having been paid.

Translations

See also

• rcpt
• sales slip

Anagrams

• picrete