Source : Webster's Revised Unabridged Dictionary (1913)

Receipt \Re*ceipt"\, n. [OE. receite, OF. recete, recepte, F.
   recette, fr. L. recipere, receptum, to receive. See
   {Receive}.]
   1. The act of receiving; reception. ``At the receipt of your
      letter.'' --Shak.

   2. Reception, as an act of hospitality. [Obs.]

            Thy kind receipt of me.               --Chapman.

   3. Capability of receiving; capacity. [Obs.]

            It has become a place of great receipt. --Evelyn.

   4. Place of receiving. [Obs.]

            He saw a man, named Matthew, sitting at the receipt
            of custom.                            --Matt. ix. 9.

   5. Hence, a recess; a retired place. [Obs.] ``In a retired
      receipt together lay.'' --Chapman.

   6. A formulary according to the directions of which things
      are to be taken or combined; a recipe; as, a receipt for
      making sponge cake.

            She had a receipt to make white hair black. --Sir T.
                                                  Browne.

   7. A writing acknowledging the taking or receiving of goods
      delivered; an acknowledgment of money paid.

   8. That which is received; that which comes in, in
      distinction from what is expended, paid out, sent away,
      and the like; -- usually in the plural; as, the receipts
      amounted to a thousand dollars.

   {Cross receipts}. See under {Gross}, a.

Receipt \Re*ceipt"\, v. t. [imp. & p. p. {Receipted}; p. pr. &
   vb. n. {Receipting}.]
   1. To give a receipt for; as, to receipt goods delivered by a
      sheriff.

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

Receipt \Re*ceipt"\, v. i.
   To give a receipt, as for money paid.

Source : WordNet®

receipt
     n 1: the act of receiving [syn: {reception}]
     2: an acknowledgment (usually tangible) that payment has been
        made

receipt
     v 1: report the receipt of; "The program committee acknowledged
          the submission of the authors of the paper" [syn: {acknowledge}]
     2: mark or stamp as paid