Meaning of “the Exchequer” in the English Dictionary

british dictionary

"the Exchequer" in Business English

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the Exchequernoun

also exchequer uk /ɪksˈtʃekər/ us abbreviation Exch

GOVERNMENT in Britain and some other countries, the government department that is responsible for the country's finances, including tax levels and how much money the government can spend:

Cuts in duty will cost the Exchequer £1.75 billion.
The industry claims it contributes to the Irish exchequer because it generates employment and wealth.

(Definition of “the Exchequer” from the Cambridge Business English Dictionary © Cambridge University Press)

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