The naming of the payee admits of the same variations as are exhibited in an ordinary Bill of Exchange. The time of payment may be, in like manner, variously expressed. The term "usance" is sometimes employed to express the period of running in foreign bills. It means a certain time fixed by custom as between any two places, and the period covered by a usance will therefore depend on the places of drawing and payment.
Form of Ordinary Receipt.
London, May 2nd, 18—
Received of Mr. John Frost, Twenty-nine pounds twelve shillings and sixpence.
£29 12s. 6d.C. Cuthbert.
N.B.—All receipts for sums of Two pounds and upwards require to have a receipt stamp affixed to them, which stamp should be cancelled by being written across. The penalty for evading this law is 50l.
Form of Receipt for Rent.