Ledger vs. Account — What's the Difference?

A ledger is a book or collection of accounts in which account transactions are recorded. Each account has an opening or carry-forward balance, would record transactions as either a debit or credit in separate columns and the ending or closing balance.

A narrative or record of events.

A book in which the monetary transactions of a business are posted in the form of debits and credits.

A reason given for a particular action or event

A book to which the record of accounts is transferred as final entry from original postings.

A report relating to one's conduct

A slab of stone laid flat over a grave.

A basis or ground

A horizontal timber in a scaffold, attached to the uprights and supporting the putlogs.

A formal banking, brokerage, or business relationship established to provide for regular services, dealings, and other financial transactions.

A book for keeping notes; a record book, a register.

A precise list or enumeration of financial transactions.

A book or other scheme for keeping accounting records.

A sum of money deposited for checking, savings, or brokerage use.

(cryptocurrencies) A distributed ledger, a public financial transaction database, typically using a blockchain.

A customer having a business or credit relationship with a firm

(accounting) A collection of accounting entries consisting of credits and debits.

A private access to a computer system or online service, usually requiring a password to enter.

A large, flat stone, especially one laid over a tomb.

Worth, standing, or importance

(construction) A board attached to a wall to provide support for attaching other structural elements (such as deck joists or roof rafters) to a building.

Profit or advantage

(fishing) nodot=yes or ledger line (“fishing line used with ledger bait for bottom fishing; ligger”).

To consider as being; deem. See Usage Note at as1.

(transitive) To record (something) in, or as if in, a ledger.

(accounting) A registry of pecuniary transactions; a written or printed statement of business dealings or debts and credits, and also of other things subjected to a reckoning or review.

To use (a certain type of bait) in bottom fishing.

(banking) A bank account.

To engage in bottom fishing.

A statement in general of reasons, causes, grounds, etc., explanatory of some event; a reason of an action to be done.

A book in which a summary of accounts is laid up or preserved; the final book of record in business transactions, in which all debits and credits from the journal, etc., are placed under appropriate heads.

A reason, grounds, consideration, motive; a person's sake.

A large flat stone, esp. one laid over a tomb.

A record of events; a relation or narrative.

A record in which commercial accounts are recorded;

An estimate or estimation; valuation; judgment.

An accounting journal as a physical object;

Importance; worth; value; esteem; judgement.

Authorization as a specific registered user in accessing a system.

(archaic) A reckoning; computation; calculation; enumeration; a record of some reckoning.

(uncountable) Profit; advantage.

To provide explanation.

To present an account of; to answer for, to justify.

To give an account of financial transactions, money received etc.

(transitive) To estimate, consider (something to be as described).

(intransitive) To consider that.

(intransitive) To give a satisfactory evaluation for financial transactions, money received etc.

(intransitive) To give a satisfactory evaluation for (one's actions, behaviour etc.); to answer for.

(intransitive) To give a satisfactory reason for; to explain.

(intransitive) To establish the location for someone.

(intransitive) To cause the death, capture, or destruction of someone or something (+ for).

To count.

To calculate, work out (especially with periods of time).

(obsolete) To count (up), enumerate.

(obsolete) To recount, relate (a narrative etc.).

A reckoning; computation; calculation; enumeration; a record of some reckoning; as, the Julian account of time.

A registry of pecuniary transactions; a written or printed statement of business dealings or debts and credits, and also of other things subjected to a reckoning or review; as, to keep one's account at the bank.

A statement in general of reasons, causes, grounds, etc., explanatory of some event; as, no satisfactory account has been given of these phenomena. Hence, the word is often used simply for reason, ground, consideration, motive, etc.; as, on no account, on every account, on all accounts.

A statement of facts or occurrences; recital of transactions; a relation or narrative; a report; a description; as, an account of a battle.

A statement and explanation or vindication of one's conduct with reference to judgment thereon.

An estimate or estimation; valuation; judgment.

Importance; worth; value; advantage; profit.

To reckon; to compute; to count.

To place to one's account; to put to the credit of; to assign; - with to.

To value, estimate, or hold in opinion; to judge or consider; to deem.

To recount; to relate.

To render or receive an account or relation of particulars; as, an officer must account with or to the treasurer for money received.

To render an account; to answer in judgment; - with for; as, we must account for the use of our opportunities.

To give a satisfactory reason; to tell the cause of; to explain; - with for; as, idleness accounts for poverty.

A formal contractual relationship established to provide for regular banking or brokerage or business services;

The act of informing by verbal report;

A record or narrative description of past events;

A short account of the news;

A statement of recent transactions and the resulting balance;

A statement that makes something comprehensible by describing the relevant structure or operation or circumstances etc.;

An itemized statement of money owed for goods shipped or services rendered;

Grounds;

Importance or value;

The quality of taking advantage;

Be the sole or primary factor in the existence, acquisition, supply, or disposal of something;

Keep an account of

To give an account or representation of in words;

Furnish a justifying analysis or explanation;