Exchequer (noun)

  1. A government department responsible for the collection and management of public revenue.
  2. A public treasury or a system for the collection and management of funds.

Origin:

Middle english escheker, from old french escuier, from medieval latin scaccarium, from latin scaccus 'chessboard' (because of the checkered appearance of the tally sticks used in the exchequer), from greek skakos.

Examples:

  1. The exchequer was responsible for collecting taxes.
  2. The exchequer was depleted after years of war.
  3. The exchequer was managed by the Chancellor of the Exchequer.
  4. The government relied on the exchequer to fund public projects.
  5. The exchequer was in a precarious state due to overspending.
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