receive

receive
To take into one's possession, e.g., a letter, a gift, one's salary, or earnings. Hallenbeck v Getz, 63 Conn 385, 388; Commissioner v Williston, 315 Mass 638, 54 NE2d 43, 151 ALR 1395. As the words "receive" and "accept" are used in the statute of frauds, the authorities generally agree that they do not mean the same thing, although they are ordinarily synonymous. To "receive" seems to imply taking into possession by the buyer, while "accept" means an assumption of' ownership oil the part of the buyer, treating the goods as his own. Mack Co. v Bear River Milling Co. 63 Utah 565, 227 P 1033, 36 ALR 643, 646. In computing income taxes, although there is authority to the contrary, the general view is that where a dividend is declared in one year, but not paid or payable to the stockholder until a subsequent year, it is "received" and taxable in thelatter rather than the earlier year. But actual receipt is not necessary, and a dividend may be in which it was constructively received by being made unqualifiedly subject to his demand. Anno: 120 ALR 1282.

Ballentine's law dictionary. . 1998.

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  • Receive — Re*ceive (r[ e]*s[=e]v ), v. t. [imp. & p. p. {Received} (r[ e]*s[=e]vd ); p. pr. & vb. n. {Receiving}.] [OF. receveir, recevoir, F. recevoir, fr. L. recipere; pref. re re + capere to take, seize. See {Capable}, {Heave}, and cf. {Receipt},… …   The Collaborative International Dictionary of English

  • receive — receive, accept, admit, take can all mean to permit to come into one s possession, presence, group, mind, or substance. They are seldom interchangeable except within a narrow range and, even then, rarely without modification of the thought… …   New Dictionary of Synonyms

  • receive — [ri sēv′] vt. received, receiving [ME receiven < Anglo Fr receivre < OFr < L recipere < re , back + capere, to take: see HAVE] 1. to take or get (something given, offered, sent, etc.); acquire or accept 2. to encounter; experience [to …   English World dictionary

  • receive — I (acquire) verb accept, accipere, assume, be given, capere, catch, collect, come by, derive, draw, earn, gain, gather, get, inherit, make, obtain, pick up, pocket, procure, realize, reap, secure, seize, take, take in, take possession, win… …   Law dictionary

  • Receive — Re*ceive (r[ e]*s[=e]v ), v. i. 1. To receive visitors; to be at home to receive calls; as, she receives on Tuesdays. [1913 Webster] 2. (Lawn Tennis) To return, or bat back, the ball when served; as, it is your turn to receive. [1913 Webster] …   The Collaborative International Dictionary of English

  • receive — [v1] accept delivery of something accept, acquire, admit, apprehend, appropriate, arrogate, assume, be given, be informed, be in receipt of, be told, catch, collect, come by, come into, cop*, corral*, derive, draw, earn, gain, gather, get, get… …   New thesaurus

  • receive —   [engl.], empfangen …   Universal-Lexikon

  • receive — (v.) c.1300, from O.N.Fr. receivre (O.Fr. recoivre), from L. recipere regain, take back, from re back (see RE (Cf. re )) + cipere, comb. form of capere to take (see CAPABLE (Cf. capable)). Radio and (later) television sense is attested from 19 …   Etymology dictionary

  • receive — is a key word supporting the rule of spelling ‘i before e except after c’. See i before e …   Modern English usage

  • receive — ► VERB 1) be given, presented with, or paid. 2) accept or take delivery of. 3) chiefly Brit. buy or accept (goods known to be stolen). 4) form (an idea or impression) from an experience. 5) detect or pick up (broadcast signals). 6) (in tennis and …   English terms dictionary

  • receive — re|ceive W1S1 [rıˈsi:v] v [T] ▬▬▬▬▬▬▬ 1¦(be given something)¦ 2¦(be sent something)¦ 3¦(treatment)¦ 4¦(reaction to something)¦ 5 be on/at the receiving end (of something) 6 receive an injury/blow 7¦(people)¦ 8¦(by radio)¦ ▬▬▬▬▬▬▬ [Date …   Dictionary of contemporary English

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