Central Ledger
By bijok_adam | Updated on Aug 12, 2021
The central or general ledger functions as a data register that holds track of the activities of the assets and liabilities of a corporation, sales, expenditures, shares of owners etc. This ledger would be the main database of conventional Enterprise Resource Management applications, containing data received from systems such as accounts payable, cash management, accounts receivable, programs and fixed assets.
Related Terms
Watchlist
A personally defined list of values to watch over for activity or changes.
Central Ledger
Central data repository of a company or bank
Centralized
An organization structure wherein a small handful of actors have control over the entire network.
Pump and Dump Scheme
A market manipulation method to drive up the price of an asset before profiting by driving it back down.
Interested to stay up-to-date with cryptocurrencies?
Get the latest crypto news, updates, and reports by subscribing to our free newsletter.
Or check it out in the app stores
