A receipt in full form is a formal document form which is drafted for the purpose of acknowledgement of the fact that the borrower has completely paid off the debt to the lender. These forms are drafted in such a way that the account of all the payments owed by one party to another are registered and written down. Any receipt in full form is basically used like a standard receipt form by individuals or companies. Any such form contains details of the parties, lender and the borrower along with the details of the debt or amount owed and the manner in which is it paid off completely.
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