Meaning

noun the act of receiving

noun an acknowledgment (usually tangible) that payment has been made

verb report the receipt of

originFrom Middle English receyt, 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 recipiō, itself from re- (“back”) + capiō (“to take”). The unpronounced…

Etymology from Wiktionary, CC BY-SA 3.0