noun
Meanings
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1
noun
the national treasury or financial department of a government
The Chancellor of the Exchequer announced new fiscal policies.
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2
noun
the funds or revenues of a government or organization
The project was funded by the university's exchequer.
Thesaurus
Etymology
From Medieval Latin scaccarium ("chessboard, counting table"), so named for the checkered cloth used for reckoning accounts, via Old French escheker and Middle English escheker; Modern English Exchequer, "government treasury."