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noun led·ger \ˈle-jər\

: a book that a company uses to record information about the money it has paid and received

Full Definition of LEDGER

:  a book containing accounts to which debits and credits are posted from books of original entry
:  a horizontal board used for vertical support (as in scaffolding)

Origin of LEDGER

Middle English lygger, leger large breviary, beam, probably from leyen, leggen to lay
First Known Use: 1588

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

Rhymes with LEDGER

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