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Acknowledgment Receipts

An acknowledgment receipt is a written confirmation that someone has received a specific item, document, or payment. It serves as proof that the recipient has accepted and taken possession of what was sent or handed over. These receipts are often used in business, banking, or official transactions to ensure accountability and clarity. For example, when you cash a check, the bank might give you an acknowledgment receipt to confirm they’ve processed it. Essentially, it’s a formal way to verify and document that an exchange has occurred successfully.