ENGLISH
REFERENCE

exchequer

n. countable
C2 Proficiency US //ˈɛksˌtʃɛkɝ// UK //ɛkstʃˈɛkɐ// ex·che·quer

n. the government department in charge of public money, especially in the UK. It is the place where taxes are collected and government spending is managed.

n. the national treasury or the government department responsible for the management and collection of public revenue. Often used metonymically to refer to the financial resources of a state or organization.


SIMPLE

The Chancellor of the Exchequer announced new tax cuts today.

CONTEXTUAL

The proposed infrastructure project will require a significant investment from the national exchequer over the next decade.

COMPLEX

Economists warned that the sudden drop in oil prices would leave a substantial hole in the exchequer, forcing the government to reconsider its planned social spending.

Synonyms
Origin

Proprialization of exchequer.

Usage

When referring to the British government department, it is almost always capitalized as 'the Exchequer'.

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