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dido:99_annexes:annex-b-terms-and-definitions:l:ledger [2026/07/11 11:15] – ↷ Links adapted because of a move operation nick_didodido:99_annexes:annex-b-terms-and-definitions:l:ledger [2026/07/18 12:33] (current) – external edit 127.0.0.1
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 In a [[dido:99_annexes:annex-b-terms-and-definitions:f:financial_system|Financial System]], a Ledger supports accounting, settlement, reconciliation, accountability, and review. A Ledger may appear in centralised, distributed, or replicated forms, depending on the implementation context. In a [[dido:99_annexes:annex-b-terms-and-definitions:f:financial_system|Financial System]], a Ledger supports accounting, settlement, reconciliation, accountability, and review. A Ledger may appear in centralised, distributed, or replicated forms, depending on the implementation context.
  
-The FX Demo [[dido:99_annexes:annex-b-terms-and-definitions:r:reference_architecture|Reference Architecture]] does not require a Ledger as the organising mechanism for governed work, compensation, settlement, audit, or provenance. Later implementation profiles may use ledger-based artefacts where they satisfy the applicable architectural requirements.+The FX Demo [[dido:99_annexes:annex-b-terms-and-definitions:r:reference_architecture|Reference Architecture]] does not require a Ledger as the organizing mechanism for governed work, compensation, settlement, audit, or provenance. Later implementation profiles may use ledger-based artifacts where they satisfy the applicable architectural requirements.
  
 ===== Definition ===== ===== Definition =====
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 ===== Source ===== ===== Source =====
  
-Generalised from financial accounting, settlement, and ledger concepts; specialised for use in the FX Demo Reference Architecture.+Generalised from financial accounting, settlement, and ledger concepts; specialized for use in the FX Demo Reference Architecture.
  
 ===== Note ===== ===== Note =====
  
-A Ledger is not necessarily a blockchain, distributed ledger, database table, journal, payment system, or settlement system. Those artefacts may implement, support, or contain ledger entries.+A Ledger is not necessarily a blockchain, distributed ledger, database table, journal, payment system, or settlement system. Those artifacts may implement, support, or contain ledger entries.
  
 ===== Example ===== ===== Example =====
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