Meaning of “chancellor” - Learner’s Dictionary

chancellor

noun [ C ] us uk /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)