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English definition of “Chancellor of the Exchequer”

Chancellor of the Exchequer

noun     /ˌtʃɑːn.səl.ə.rəv.ði.eksˈtʃek.ər/ US  /ˌtʃæn.səl.ɚ.əv.ði.eksˈtʃek.ɚ/
the person in the UK government who is responsible for deciding tax levels and how much money the government can spend Government ministers and civil servantsEconomics and the state of the economy
(Definition of Chancellor of the Exchequer noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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