diff --git a/hledger/hledger.m4.md b/hledger/hledger.m4.md
index e611e75b9..561c151f2 100644
--- a/hledger/hledger.m4.md
+++ b/hledger/hledger.m4.md
@@ -2296,7 +2296,7 @@ so here is a table summarising the directives and their effects, with links to m
 | [`alias`]         | `end aliases`       |                 | rewrite account names                                              | following entries until end of current file or end directive
 | [`apply account`] | `end apply account` |                 | prepend a common parent to account names                           | following entries until end of current file or end directive
 | [`comment`]       | `end comment`       |                 | ignore part of journal                                             | following entries until end of current file or end directive
-| [`commodity`]     |                     | `format`        | declare a commodity and its number notation & display style        | number notation: following entries in that commodity in all files ; 
display style: amounts of that commodity in reports
+| [`commodity`]     |                     | `format`        | declare a commodity and its number notation & display style        | number notation: following entries until end of current file; 
display style: amounts of that commodity in reports
 | [`D`]             |                     |                 | declare a commodity to be used for commodityless amounts, and its number notation & display style  | default commodity: following commodityless entries until end of current file; 
number notation: following entries in that commodity until end of current file; 
display style: amounts of that commodity in reports
 | [`include`]       |                     |                 | include entries/directives from another file                       | what the included directives affect
 | [`payee`]         |                     |                 | declare a payee name                                               | following entries until end of current file