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, origin, term and/or ledger:
“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.”
—Ralph Waldo Emerson (1803–1882)
“Each structure and institution here was so primitive that you could at once refer it to its source; but our buildings commonly suggest neither their origin nor their purpose.”
—Henry David Thoreau (1817–1862)
“The developments in the North were those loosely embraced in the term modernization and included urbanization, industrialization, and mechanization. While those changes went forward apace, the antebellum South changed comparatively little, clinging to its rural, agricultural, labor-intensive economy and its traditional folk culture.”
—C. Vann Woodward (b. 1908)
“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.”
—Frank Pittman (20th century)