ledger etymology

Etymology

The word "ledger" comes from the Middle English word legger, which in turn comes from the Old French word legier, meaning "light" or "easy to read." This is because ledgers were originally thin, lightweight account books that were easy to carry around.

Meaning

A ledger is a book of accounts that records financial transactions. It is used to track income, expenses, assets, and liabilities. Ledgers are essential for businesses of all sizes, as they provide a way to keep track of their financial performance and make informed decisions.

Origin

The use of ledgers dates back to ancient times. The earliest known ledgers were used by Babylonian merchants in the 3rd millennium BC. These ledgers were made of clay tablets and recorded transactions such as sales, purchases, and loans.

Ledgers continued to be used throughout the Middle Ages and the Renaissance. In the 15th century, the Italian mathematician Luca Pacioli developed a system of double-entry bookkeeping that is still used today. Pacioli's system revolutionized the way that businesses recorded financial transactions, and it made ledgers an essential tool for accounting.

Today, ledgers are still used by businesses of all sizes to track their financial transactions. However, most businesses now use computerized accounting systems that make it easier to record and track financial data.

ledger relate terms

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    Etymology Old English lecge a resting place berth stratum Meaning A horizont

  • ledger

    Etymology The word ledger comes from the Middle English word legger which in turn come

  • allay

    Etymology The word allay comes from the Old English word alegian meaning to reliev

  • anlage

    Etymology Latin ad to locus place Meaning A place where something is put or k

  • belay

    Etymology The word belay comes from the Middle English word beleien meaning to sta

  • beleaguer

    Etymology Old French belaguer from Late Latin bellicare from Latin bellicus of w

  • bylaw

    Etymology Bylaw is a compound word composed of two separate terms By In legal context

  • coverlet

    Etymology Middle English curverled from Anglo Norman French coverlid from Old Fr

  • fellow

    Etymology Fellow comes from Middle English felowe which in turn originated from Old

  • lager

    Etymology The word lager is derived from the German word lagern which means to sto

  • lair

    Etymology and Origin of Lair The word lair has its origins in Middle English specifi

  • lawful

    Etymology The word lawful is derived from the Old French word lei law which itsel

  • lawless

    Etymology The word lawless is derived from Old English lāwleas which is a compound

  • lawsuit

    Etymology Late Middle English lawe sute lawe sute from Anglo Norman French lei sute

  • lawyer

    Etymology The word lawyer is derived from the Old French word legiste which in turn

  • ledge

    Etymology Old English lecge a resting place berth stratum Meaning A horizont

  • ledger

    Etymology The word ledger comes from the Middle English word legger which in turn come

  • lees

    Etymology The word lees is derived from the Old English word les or liese which me

  • litter

    Etymology Middle English litere litier Old French litiere from Late Latin lectaria

  • outlaw

    Etymology The word outlaw has Old English origins Ut out Denoting separation

  • stalag

    Etymology Greek stalagmós drop Latin stalagmus dropping water Meaning A

  • vorlage

    Etymology The word Vorlage comes from the German word vor meaning before or in fro

  • book

    Etymology The word book originates from the Proto Germanic word bōk which means l

  • legerdemain

    Etymology French léger de main light of hand Latin levis light manus han

  • record

    Etymology Middle English recordan from Anglo Norman French recorder from Medieval La

  • journal

    Etymology The word journal originates from the Old French word jornal which in turn

  • account

    Etymology The word account comes from the Old French word acount which in turn deriv

  • account

    Etymology The word account comes from the Old French word acount which in turn deriv

  • mystery

    Etymology The word mystery comes from the Late Latin word mysterium which in turn co

  • offend

    Etymology The word offend originated from the Latin word offendere which means to s

  • luck

    Etymology The word luck derives from the Middle English word lok ke which in turn