blotter

  

Definition

A record of transactions covering a specific time period for a financial institution. The blotter can show specific details about the transaction, such as price, time and volume, as well as the type of transaction (buy, sell, etc.). A “blotter” is a type of paper used to absorb excess ink from a fountain pen, and refers to a time period in which transactions were all recorded by hand.

Use blotter in a sentence

  • Miss Pennywrinkle, always erring on the side of competence, brought the two previous months' blotters to the meeting as well.

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  • The business was small, so instead of computers, the book keepers use a blotter to keep track of profit and inventory.

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  • You need to keep a good blotter so that you can always go back and see how a deal actually got to closing.

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