Definition of Exchequer
Exchequer
Ex·che·quer
Definition/Meaning
(noun)
A government department responsible for managing public finances.
e.g. The Exchequer is responsible for collecting taxes and allocating funds.
(noun)
(British) the bank account or fund that receives and handles public money and taxes, or the department of the government that handles this function;
e.g. You should receive a notification when the exchequer receives your tax payment.
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