Definition, Meaning & Synonyms
exchequer
noun
/ɛksˈtʃɛkər/
Definition
The exchequer is a governmental department responsible for the management of public revenue and finances.
Examples
- The Chancellor of the Exchequer presented the annual budget to Parliament.
- During the economic crisis, the exchequer had to make tough decisions about funding.
- The exchequer collects taxes and manages the country’s financial resources.
Meaning
In a broader context, the term refers to the treasury or financial authority of a government that oversees income and expenditures.
Synonyms
- treasury
- finance department
- financial authority
