Etymology

gift receipt

Today it means: A record of a purchase, similar to a receipt but lacking indication of price. Full definition →

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The story

This is similar to a receipt (produced by a store and presented to a purchaser as proof of purchase) but meant to passed to the purchased item's later, third-party recipient: that way, the recipient can return the gift to the store as needed, but does not immediately know the price that the purchaser paid.

Etymology from Wiktionary, CC BY-SA 4.0.