The Qur'an is the last scripture that has been revealed to mankind by the Lord Creator and Protector. It was through the Last Messenger, Muhammad (e), that the world first heard of it. It certainly is the divine scripture that is to be accepted by all, upto the very last man.
The term 'Qur'an' has the meanings of 'the recitation', or 'that which is to be recited' and of 'that which is recited.' Indeed, the Qur'an itself has employed the connotation 'the scripture that is recited' in connection with this term (13:31). Unlike the earlier scriptures, the Qur'an is never a compilation of legal pronouncements or code of laws (Taurat), or hymns (Zaboor) or a collection of Gospel or good news (Injeel). It is highly probable that the Qur'an has been named as the last scripture because each one of its words is to be repeatedly read by thousands upon thousands of its believers and is to be so etched into their hearts so as to mould their very lives according to its guidelines. As for the actual reason, it is the Lord Who sent it Who knows the answer thereof.
As far as its believers are concerned, the Qur'an is but the benchmart to distinguish truth from falsehood. They understand that all that has been commanded therein constitute the good and all that has been prohibited therein constitute evil. In fact, the Qur'an introduces itself as Furqaan (2:53, 2:185, 3:4, 25:1) which means 'the criterion to distinguish between truth and falsehood.'
The Qur'an also describes itself as Kitab (book), Dhikr (guidance), Burhaan (evidence), Shifa (cure), Kayyim (that which is pure), Muhaymin (that which preserves the previous scriptures) and the like. Through these attributes the reader of the Qur'an is exposed to the clear picture of the morality enshrined within. What is the meaning of 'Book of Vedas'? The term Veda is a sanskrit word which means knowledge, learning etc. According to the vedic vision, the Vedas signify Shruthi (or 'that which is heard'). It is believed that the contents of the Vedas comprise the words of the Lord Creator as heard by the Rishis. The Rig Veda states that the Vedas originate in the Parampurush (10:90:9). In any event, the term Veda has been used in India to mean divine scripture. In due course of time, even the followers of the semitic religions in India have tended to describe their own religious scriptures as Vedas.
The term which the Qur'an has employed to refer to revealed scripture is Al-Kitab which, in turn, simply means 'the Scripture'. The Qur'anic view is that the religious scripture consists of the revelations made to the messenger by the Lord Creator Himself. divine revelations have been referred to as Wahy and as far as a revealed scripture is concerned, it contains Wahy alone. However, it is not necessary that all Wahy made to all messengers should find mention in a scripture. In fact, it is only that portion of the Wahy which has been received with the special command for its inception in the scriptural text, that ultimately finds expression in it.