exchequer Hear it!

exchequer Definition

ex·chequer (eks c̸hek′ər, iks-; eks′c̸hek′ər)

noun

    1. under the Norman kings of England, an administrative and judicial state department in charge of revenue: so called from a table marked into squares, on which accounts of revenue were kept with counters
    2. later, the British Court of Exchequer, which had jurisdiction over all cases relating to government revenue, now merged in the Queen's Bench Division of the High Court of Justice
    3. the British state department in charge of the national revenue
  2. the funds in the British treasury
  3. a treasury, as of a country or organization
  4. money in one's possession; funds; finances

Etymology: ME escheker, lit., chessboard, court of revenue, treasury < OFr eschekier: see checker

exchequer Synonyms

exchequer

n.

treasury, bursary, bank; see treasury.

exchequer Finance Definition
Another name for the U.K. Treasury. The person in the United Kingdom who is responsible for the treasury is the chancellor of the exchequer.

The word exchequer comes from an oblong, cloth-covered table with squares like those on a chequer (checker) board. In times past, the table was used as an abacus using the place value of the squares to tally tax revenues.
ex-dividend  A stock on which the current owner has no right to a declared dividend. When a company declares a dividend, it sets a record date on which a person must hold the stock in order to receive the dividend. When the company sets the record date, the stock exchange set the ex-dividend date, which typically is two business days before the record date. If the stock is purchased on or after its ex-
dividend date, the shareholder is not eligible to receive the next dividend payment. Instead, the dividend payment goes to the seller.

exchequer Usage Examples

Converse of object

  • cost: Myth one - Compulsion would be more expensive than voluntarism and would cost the exchequer lost revenue or cost jobs.
  • fund: Land values would fund the exchequer and today's taxes would be lifted or substantially abated.

Adjective modifier

  • national: Any such shifts in funding have to be match funded from the national exchequer.
  • public: It is, then, common sense to collect public Land Rent to fund the needs of the public exchequer.
  • central: The government has well over a trillion pounds of transactions flowing through its central exchequer accounts each year.
  • royal: The disagreement gained momentum and eventually the bishop of Carlisle and the royal exchequer were called upon to resolve the matter.
  • empty: Regular parliaments were being held, taxation was coming in and the booty taken from England filled the empty exchequer.

Modifies a noun

  • funding: These are independent bodies many of which are only partly, or in some cases not at all, dependent on exchequer funding.
  • fund: Any assets which are purchased using exchequer funds either wholly or in part, must follow the guidelines laid down by the HEFCE.
  • cost: We then compare the increase in value added to the likely exchequer costs of the program under a number of scenarios.
  • service: EXCHEQUER SERVICES 4 Exchequer services cover the following functions.
  • roll: This is the earliest ever record of whiskey production in Scotland, and is to be found in the exchequer roll of 1494.
  • revenue: Good company brains would not be wasted on tax wheezes, and LVT would be a sure source of exchequer revenue.

Preposition: in

  • form: The feu simply becomes an obligation to pay the annual rental value to the public exchequer in the form of LVT.
exchequer Quotes

It is a little plaything-house that I got out of Mrs Chevenix's shop, and it is the prettiest bauble you ever saw. It is set in enamelled meadows with filigree hedges†barges as solemn as Barons of the Exchequer move under my window† Thank God! theThames is between me and the Duchess of Queensberry.

—Walpole, Horace, 4th Earl of Orford