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English definition of “Chancellor of the Exchequer”

Chancellor of the Exchequer

noun [C]     (also Chancellor)
GOVERNMENT, FINANCE the person in the UK government who is responsible for the nation's finances, including tax levels and government spending: An additional £40m for rural development may be cut in the Chancellor of the Exchequer's spending review.
(Definition of Chancellor of the Exchequer noun from the Cambridge Business English Dictionary © Cambridge University Press)
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