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Receipting: meaning, definitions and examples

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receipting

 

[rɪˈsiːtɪŋ ]

Definition

Context #1 | Noun

document confirmation

Receipting refers to the act of acknowledging the receipt of something, typically a payment or a delivery of goods. This process often involves issuing a document known as a receipt, which serves as proof of the transaction. Receipts are important for record-keeping, accounting, and confirming that the terms of a transaction were fulfilled. The practice of receipting is crucial in various sectors, including retail, service industries, and finance.

Synonyms

acknowledgment, confirmation, receipt.

Examples of usage

  • I received a receipting for my online purchase.
  • The receipting process was completed quickly after the payment.
  • Please keep the receipting as confirmation of your donation.

Interesting Facts

Etymology

  • The word 'receipt' comes from the Latin 'recipere', which means 'to receive'.
  • Historically, the term 'receipt' referred to a written acknowledgment used for various transactions, not just money.
  • In the past, receipts were often handwritten and served as proof of transactions, marking their importance in trade.

Legal Context

  • Receipts can serve as a legal proof of purchase, which is essential for warranty claims and returns.
  • In legal contexts, receipts are used by businesses to document transactions, supporting tax compliance.
  • In some jurisdictions, the failure to provide receipts can lead to fines for businesses, emphasizing their role in proper record-keeping.

Cultural Significance

  • In many cultures, keeping receipts is a sign of being organized and responsible with money.
  • Some traditions encourage saving receipts for budgeting or gift tracking, showcasing financial diligence in households.
  • In art, receipts have been depicted as symbols of commerce and the changing values of societies.

Technology

  • With the rise of digital transactions, electronic receipts are becoming more common, making it easier to keep track of purchases.
  • Many apps now allow users to store and manage receipts digitally, showcasing a shift towards paperless systems.
  • Blockchain technology is being explored to provide secure, unalterable receipts for transactions, enhancing trust.

Psychological Aspects

  • Keeping receipts can provide reassurance and a sense of control over financial situations, reducing anxiety related to spending.
  • Studies suggest that people who track their expenses with receipts are more likely to manage their budget effectively.
  • The act of saving receipts and budgeting can boost self-discipline, reinforcing positive financial habits over time.

Translations

Translations of the word "receipting" in other languages:

🇵🇹 receber

🇮🇳 रसीद देना

🇩🇪 Quittung ausstellen

🇮🇩 menerima

🇺🇦 видача чека

🇵🇱 wystawianie paragonu

🇯🇵 領収書を発行する

🇫🇷 émission de reçu

🇪🇸 emisión de recibo

🇹🇷 makbuz verme

🇰🇷 영수증 발행

🇸🇦 إصدار إيصال

🇨🇿 vystavení účtenky

🇸🇰 vystavenie účtenky

🇨🇳 开具收据

🇸🇮 izdaja računa

🇮🇸 útgáfa kvittunar

🇰🇿 чек беру

🇬🇪 მიღების ქვითრის გაწვდვა

🇦🇿 qəbul etmə

🇲🇽 emisión de recibo

Word Frequency Rank

Ranking #39,130, this word is encountered relatively rarely in everyday English. It might appear in literary works or specialized texts but isn't essential for general communication.