Exchequer (Noun)
Meaning
The funds of a government or institution or individual.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The Chancellor of the Exchequer announced the annual budget with plans to reduce national debt through increased revenue and spending cuts.
- His Majesty's Exchequer took a significant hit following the unexpected foreign trade restrictions imposed last quarter.
- After losing a lawsuit, the wealthy businessman's exchequer dwindled substantially due to the heavy damages and fines he had to pay.
- The exchequer of the charity organization depends heavily on generous donations from philanthropists and fundraising campaigns.
- An increase in consumer spending has positively impacted the regional government's exchequer, as sales tax revenue jumped by over 15%.