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Glite Dictionary
cost ledger

cost ledger

5.6
A book or record showing a company's costs by type
  • noun
  • Specialized
translation icon : libro de costos
  • The company maintained a detailed cost ledger to monitor all manufacturing expenses by department.

Examples

  • Every entry in the cost ledger must be supported by appropriate documentation and receipts.

  • Auditors reviewed the cost ledger to ensure that indirect costs had been properly allocated.

  • The cost ledger is ready.

  • Wow, the cost ledger looks great!

  • Auditors reviewed the cost ledger to ensure that indirect costs had been properly allocated.

  • Every entry in the cost ledger must be supported by appropriate documentation and receipts.

  • The company maintained a detailed cost ledger to monitor all manufacturing expenses by department.

Synonyms

ledger
vscost ledger
  • Specialized
57 5.0

A book used to record a business's money transactions

records accumulated costs classified into categories rather than all financial accounts
expense record
vscost ledger
  • Specialized
3.5

A written list of money spent for work or home

shows accumulated costs organized by category rather than a simple spending list

Surface Forms

cost ledger singular
cost ledgers plural

Morphology

cost + ledger

The meaning is directly and compositionally derived from 'cost' (expenses) + 'ledger' (a book for recording accounts): it denotes a ledger used to record costs. This is a regular noun–noun compound following clear modifier+head semantics, so a B1 learner who knows both constituents will readily infer the meaning.

Etymology

Cost ledger comes from the simple image of a big book: cost (the money spent) and ledger (a record book). Imagine a shopkeeper writing every expense into it to see where the money went. So today it means 'a book or record for keeping business costs'.