Hello Ahsoka,
A /32 "receive" next-hop will be installed by the router by default for every IP address configured on its interfaces.
This includes /32 addresses configured on the loopback interface but also the address configured on other interfaces.
For example, if you configure 1.1.1.1/24 on ge-0/0/0 - the router will install the following entries in the forwarding-table:
1.1.1.0/24 -> NH = ge-0/0/0
1.1.1.1/32 -> NH = receive
"Receive" simply means that instead of try to forward a packet destined to 1.1.1.1 out of one of its interfaces, the router knows that this packet is destined to itself and will pass it on to the routing-engine for further processing.
To be honest, I cannot think of an example right now where you would want to configure "next-hop receive" for a static-route.
HTH,
/david