C1nounformalbusinessmoney
US/ˈledʒ.ər/
UK/ˈledʒ.ə/
a book or computer file where a business records the money it receives and spends
In context
The accountant found a mistake in the ledger and corrected it before the audit.
Every payment must be entered in the company ledger by the end of the day.
The bank keeps a digital ledger of all transactions on each account.
Words that go with ledger
adjective + noun
- general ledgerThe general ledger shows the total income for the year.
- digital ledgerA digital ledger makes errors easier to trace.
verb + noun
- keep a ledgerSmall shops often keep a ledger by hand.
- balance the ledgerIt took two hours to balance the ledger.
verb + preposition
- enter in the ledgerPlease enter the invoice in the ledger today.
noun + noun
- accounting ledgerThe accounting ledger did not match the bank statement.
Common mistakes
Incorrect:
write the money in the ledgerCorrect: record the payment in the ledger