pocketmoneyledger
/ˈpɒkɪtˌmʌniˈlɛdʒə/nounVerified NewAlso in: Taschengeldbuch (Deutsch) · pagalibreta (Español) · pochécompte (Français)
The informal accounts of pocket money, kept in a notebook and disputed weekly.
The pocketmoneyledger records advances against chores, interest on none, and debts that survive multiple administrations. Its arithmetic is defended by the child and audited by the parent, who loses every dispute on procedure. The ledger teaches economics better than school, at a rate of two pounds a week.
Etym. — pocket money + ledger — the accounts of the first economy.
Novelty check: APPROVE
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