Membership Ledger
/ˈmɛm.bər.ʃɪp ˈlɛdʒ.ər/
Definitions
- (n.) An official record maintained by an organization, documenting the names and details of its members.
The company's membership ledger is regularly updated to reflect new enrollments and terminations.
Forms
- membership ledger
Related terms
See also
Commentary
A membership ledger is crucial for verifying current members' rights and responsibilities; accuracy is key for governance and compliance.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.