// GLOSSARY -- AGENTIC FINANCE
What is a Spending Receipt?
A verifiable record of an authorized agent transaction — policy evaluation result, parameters, approval status, blockchain confirmation. Proof of policy compliance.
WHY IT MATTERS
When agents spend, operators need proof: what, why allowed, which policies evaluated, whether successful on-chain.
Serves: operational visibility, compliance evidence, dispute resolution, debugging.
Good receipts are cryptographically signed by the policy engine, preventing retroactive claim changes.
HOW POLICYLAYER USES THIS
PolicyLayer generates receipts for every transaction — evaluation details, timestamp, on-chain reference for complete accountability.
FREQUENTLY ASKED QUESTIONS
What's in a receipt?
Transaction parameters, policy evaluation results, approval/denial decision, timestamp, evaluator signature, and (if approved) the on-chain transaction hash.
Machine-readable?
Yes — receipts are structured JSON with cryptographic signatures. They can be automatically processed by audit systems.
Storage?
PolicyLayer retains receipts per your retention policy. Critical receipts can be anchored on-chain for permanent, independent verification.