- The definition of a ledger is a flat stone that covers a grave, or a book that bookkeepers use for entering debits and credits.
- An example of a ledger is what would be used to cover a grave in a cemetery.
- An example of a ledger is where a company's financial transactions are recorded.
Accounts being entered into a ledger.Licensed from iStockPhoto
- a large, flat stone placed over a tomb
- a large, horizontal timber in a scaffold
- ledger board (sense )
Origin: < ME sense “large volume kept in one place in church”Bookkeeping the book of final entry, used, in a double-entry system, for recording all debits and credits, as by transfer from a journal, according to the accounts to which they belong
Origin: Middle English legger, probably from Middle English leggen or liggen after Middle Dutch ligger: see lay, lie
Used by arrangement with John Wiley & Sons, Inc.
- a. A book in which the monetary transactions of a business are posted in the form of debits and credits.b. A book to which the record of accounts is transferred as final entry from original postings.
- A slab of stone laid flat over a grave.
- A horizontal timber in a scaffold, attached to the uprights and supporting the putlogs.
Origin: Middle English legger, breviary, probably from leggen, to lay; see ledge.