Meaning of “chancellor” - Learner’s Dictionary

chancellor

noun [ C ] uk us /ˈtʃɑːnsər/
GOVERNMENT

the leader of the government in some countries:

the German chancellor
UNIVERSITY

the person with the highest position in some universities

MONEY ( also Chancellor of the Exchequer, uk us ) UK

the person in the British government who makes decisions about taxes and government spending

(Definition of “chancellor” from the Cambridge Learner’s Dictionary © Cambridge University Press)