general ledger

1. 1.

   the ledger that contains all of the financial accounts of a business; contains offsetting debit and credit accounts (including control accounts)

   Broaderledger

   Partscontrol account

Questions about general ledger

What does general ledger mean?

general ledger means "the ledger that contains all of the financial accounts of a business; contains offsetting debit and credit accounts (including control accounts)".

Is general ledger a common word?

general ledger is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.