ledger

American  

[lej-er] / ˈlɛdʒ ɛr /

noun

1. Bookkeeping. an account book or digital file of final entry, in which business transactions are recorded.

   The Controller must oversee, review, and approve of all posting of financial activity into the General Ledger.

2. Computers. a decentralized public database of permanent records of financial transactions, distributed over a network and typically having the form of a blockchain, used especially in cryptocurrency systems.

   When users send or receive a payment in bitcoin, network nodes verify the transaction and then record it in a shared public ledger.

3. Building Trades.

   1. a horizontal board attached to a wall to support the ends of the joists of another structure such as a deck, porch, roof, etc..

      As the cause of the porch’s collapse, the inspector cited a ledger attached with improper screws.

   2. (in scaffolding) a horizontal board or metal tube attached to uprights, either to support the ends of the boards of a platform or for use as a handrail.

      Arrange the ledgers so the platforms slope slightly outwards, carrying rain away from the face of the building.

   3. ribbon.

4. Also called ledger stone.  a flat slab of stone laid over a grave or tomb.

   I had a Bible verse engraved on his ledger, ending with the words “Rest in peace.”

5. Angling, Chiefly British. Also leger a lead sinker with a hole in one end through which the line passes, enabling the bait and the sinker to rest on the bottom and allowing the fish to take the bait without detecting the sinker.

   If fishing for bass in particular, the ledger is preferred.

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ledger ¹ British  

/ ˈlɛdʒə /

noun

1. accounting the principal book in which the commercial transactions of a company are recorded

2. a flat horizontal slab of stone

3. a horizontal scaffold pole fixed to two upright poles for supporting the outer ends of putlogs

4. angling

   1. a wire trace that allows the weight to rest on the bottom and the bait to float freely

   2. ( as modifier )

      ledger tackle

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verb

1. (intr) angling to fish using a ledger

Ledger ² British  

/ ˈlɛdʒə /

noun

1. Heath(cliffe) Andrew . 1979–2008, Australian film actor. His films include The Patriot (2000), A Knight's Tale (2001) and Brokeback Mountain (2005)

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Etymology

Origin of ledger

First recorded in 1475–85; earlier legger “book,” probably equivalent to legg(en) “to set down, lay” + -er noun suffix; lay ¹, -er ¹, ledge

Example Sentences

On the other side of the ledger are liabilities, including deposits that banks maintain at the Fed known as “reserves.”

From The Wall Street Journal

Securitize will become NYSE’s first digital transfer agent, which allows it to create shares for stocks and exchange-traded funds as digital tokens on a blockchain, the distributed ledger technology behind bitcoin and other cryptocurrencies.

From The Wall Street Journal

I hurried down the street to the bookseller one wintry afternoon, bought a whole new set of ledgers, and started in to impose method on madness.

From Literature

Nasdaq earlier this month launched a new design for tokenized equities —shares or funds digitized to trade on a blockchain ledger.

From Barron's

Iranian importers and exporters then trade foreign currency among their various front companies on ledgers maintained in Iran.

From The Wall Street Journal