The term 'Place for the Bottom Line' can be summarized as a LEDGER, which is a 6-letter word. A LEDGER is an accounting document that records financial transactions and is used to track the financial position of a business. It is also known as a book of final entry, as it is the last step in the accounting cycle. The LEDGER contains all the debits and credits of a business, and the bottom line is the net profit or loss of the business.