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Translate files Exchequer
/ɛksˈtʃɛkər/
Meaning & Definition
noun
A government department responsible for the management of public finances and revenues.
The Chancellor of the Exchequer announced new fiscal policies aimed at boosting the economy.
In the United Kingdom, the Treasury, which oversees the collection and allocation of government funds.
Funds for educational grants are allocated by the Exchequer in the annual budget.
Historically, a court or office dealing with financial matters, particularly in medieval England.
The ancient Exchequer was once responsible for collecting taxes and managing royal finances.
Etymology
Middle English 'escheker', from Old French 'eschequier', from 'eschequier', a chessboard, referring to the checkered table (the treasury's accounts were presented on such a table).
Common Phrases and Expressions
Chancellor of the Exchequer:
The British cabinet minister responsible for economic and financial matters.
Exchequer Court:
A court that deals with fiscal and revenue matters.
Related Words
Slang Meanings
Cash or funds available.
We need to check the exchequer before making any big purchases.
Government money.
The new policy will require dipping into the exchequer.