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glossary
Conceptverified 2026-11-06
Glossary
Aakalan's own words, each linked to the page that defines it in full.
| Word | Means here | Not to be confused with | From |
|---|---|---|---|
| ledger | The one record of personal and shared spending, kept on the phone first. | a group | local-first-ledger |
| split | How one expense is shared; it must add up to the total. | a settlement | splits-must-reconcile |
| settle | Clearing a debt; it takes effect at once. | a payment app's transfer | settling-is-immediate |
| UPI | India's instant payment system, used to settle. It cannot pay a phone number from here. | a card payment | upi-cannot-pay-a-number |
| recurring | An expense that repeats, kept as a rule. A Pro feature. | a copy of an expense | recurring-is-a-rule |
| receipt | One photo attached to an expense. A Pro feature. | the expense | receipt-is-one-photo |
| Pro | The monthly or yearly plan; it never gates the core. | the free core | pricing |
| minor units | Money stored as whole paise, never a float. | rupees | money-in-minor-units |