Generally, a receipt is any written acknowledgment evidencing that something of value has been received. This may be important to retain certain rights in commercial transactions, securities transactions, and for tax and accounting purposes.

In connection with the filing of a prospectus with a Securities Regulatory Authorities, a receipt document signed by one Securities Regulatory Authority in Canada on its own behalf, or signed by one Securities Regulatory Authority in Canada evidencing receipt by more than one of the Securities Regulatory Authorities in Canada named in it under the passport system, indicates that all required fees and documents have been filed so that the prospectus document (whether in preliminary or final or base or supplement form for a long form prospectus, short form prospectus, shelf prospectus or PREP prospectus) can be provided to investors in connection with an offering of securities qualified, or to be qualified, by the prospectus.