Origin of The Term Ledger
Originally, a ledger was a large volume of scripture/service book kept in one place in church and accessible. According to Charles Wriothesley's Chronicle (1538):
| “ | The curates should provide a booke of the bible in Englishe, of the largest volume, to be a ledger in the same church for the parishioners to read on. | ” |
It is an application of this original meaning that is found in the commercial usage of the term for the principal book of account in a business house.
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Famous quotes containing the words origin of the, origin of, origin, term and/or ledger:
“The real, then, is that which, sooner or later, information and reasoning would finally result in, and which is therefore independent of the vagaries of me and you. Thus, the very origin of the conception of reality shows that this conception essentially involves the notion of a COMMUNITY, without definite limits, and capable of a definite increase of knowledge.”
—Charles Sanders Peirce (1839–1914)
“In the woods in a winter afternoon one will see as readily the origin of the stained glass window, with which Gothic cathedrals are adorned, in the colors of the western sky seen through the bare and crossing branches of the forest.”
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“Good resolutions are useless attempts to interfere with scientific laws. Their origin is pure vanity. Their result is absolutely nil. They give us, now and then, some of those luxurious sterile emotions that have a certain charm for the weak.... They are simply cheques that men draw on a bank where they have no account.”
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“Orlando. Who stays it still withal?
Rosalind. With lawyers in the vacation; for they sleep
between term and term, and then they perceive not how Time
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—William Shakespeare (1564–1616)
“In considering the ledger equal, understand the greatest gift you have given your parents is the opportunity to raise you. The things a child gets from parents can’t compare to the things a parent gets from raising a child. Only by experiencing this can you understand the degree to which children give meaning to parents’ lives.”
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