Exchequer: meaning, definitions and examples

Mostly used in British English to refer to the government's department responsible for managing and overseeing public funds.

• The Chancellor of the Exchequer will announce the budget next week.
• The Exchequer is responsible for collecting taxes and allocating public expenditure.

A widely used term in both British and American English for a government's department responsible for financial and economic policy. It often includes managing the public debt and overseeing the national budget.

• The Treasury announced new measures to stimulate the economy.
• The company decided to donate a part of their earnings to the national treasury.

A general term used internationally to describe the government department that manages a nation’s finances, including the budget, monetary policy, and national revenue. It's more neutral and can be used in various English-speaking countries.

• The Finance Ministry released the annual economic report.
• He works as an economic advisor in the Finance Ministry.

Can refer to any governmental division focused on fiscal policies, including both revenue collection and public spending. It’s a more generic term and less commonly used in everyday language.

• The fiscal department is responsible for ensuring compliance with tax laws.
• Budget planning falls under the jurisdiction of the fiscal department.

Primarily used in the UK to refer to the government department responsible for managing national revenue, taxation, and public spending.

• The Chancellor of the Exchequer announced the new budget.
• The exchequer plays a crucial role in economic stability.

A term used to describe both the department and the funds/assets it manages. In the context of government, it refers to the department responsible for managing public finance, including debt issuance and monetary policy; in a business, it refers to the department managing financial assets and liabilities.

• The treasury department is preparing for the bond sale.
• She was appointed as the new head of the Treasury.

General term for any department, within a government or a private organization, responsible for managing financial activities, such as budgeting, accounting, and financial planning.

• The financial department oversees all expense reports.
• She works in the financial department of a large corporation.

Specifically used to refer to a government office responsible for collecting taxes and other forms of government revenue.

• He had to visit the revenue office to sort out his tax issues.
• The revenue office implements the new tax policies.