It is a form of acknowledgement that you get after you have either paid or deposited something. Most often it is an itemised list of items you get after you have paid for your goods.
it is a paper which contains the information of agreement that in business. for example, if you shop in the shopping mall, after buying everything you will get the receipt bill of what you have purchased that is called receipt. that tells the transaction between you and mall made completely and successfully.
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