Definition, Meaning & Synonyms
ledger
noun
/ˈlɛdʒər/
Definition
A ledger is a book or a collection of accounts in which account transactions are recorded.
Examples
- The accountant updated the ledger with the new transactions.
- Every business should maintain a proper ledger for financial accountability.
- My father has an old ledger that keeps track of all his personal expenses.
Meaning
It typically refers to an accounting record that tracks financial transactions and helps in maintaining financial order for businesses or organizations.
Synonyms
- register
- record
- log
- account book
- journal
