What's the difference between exchequer and fisc?

Exchequer


Definition:

  • (n.) One of the superior courts of law; -- so called from a checkered cloth, which covers, or formerly covered, the table.
  • (n.) The department of state having charge of the collection and management of the royal revenue. [Eng.] Hence, the treasury; and, colloquially, pecuniary possessions in general; as, the company's exchequer is low.
  • (v. t.) To institute a process against (any one) in the Court of Exchequer.

Example Sentences:

  • (1) The problem is that these revenues have been siphoned off to the London exchequer."
  • (2) Because pension incomes are taxable, and pensioners would have more to spend – generating indirect taxation – and the number of people on social security would be lower, the Exchequer would benefit by between £1.7bn and £3bn.
  • (3) It would make no difference if you were the chancellor of the exchequer handling an existential economic crisis.
  • (4) The exchequer will receive an extra £630m from the £2.5bn-a-year bank levy in 2011-12 and a further £590m by 2015-16.
  • (5) Public borrowing this year is projected to be £111bn, 7% of national income, and interest payments on the national debt will be a drain on the exchequer for years to come.
  • (6) In addition to outlining to ministers the list of parliamentary bills, George Osborne, the chancellor of the exchequer, also gave the cabinet an economic update, while the prime minister and home secretary outlined their determination to cut net migration to the tens of thousands.
  • (7) Whatever has happened to the chancellor of the exchequer?” he asked.
  • (8) In June the chancellor of the exchequer, George Osborne, announced that the 1% cap on pay rises would be extended for another four years at time when wages have begun to rise in real terms in other parts of the economy.
  • (9) Over 70p of every pound spent on tobacco goes to the Chancellor of the Exchequer, yielding over 5 billion pounds.
  • (10) In the Sunday Telegraph, David Cameron said: "What I want is tax revenue from the banks into the exchequer, so we can help rebuild this economy."
  • (11) The chancellor of the exchequer, George Osborne, who unveiled Help to Buy in 2013's budget , welcomed the Bank's moves to cool the housing market.
  • (12) Umunna argued that the sum paid directly in corporation tax to the exchequer is the best reflection of a bank's contribution to the country.
  • (13) "The SNP is selective about when money has flowed into the exchequer.
  • (14) The select committee said it was told by Sir Simon Jenkins "that he could remember very well a certain chancellor of the exchequer, who shall be nameless, inquiring as to what his memoirs might be worth and the answer was: 'A quarter of a million tomorrow, £100,000 next week, £10,000 two months from now.
  • (15) The Office for National Statistics (ONS) said that, excluding the cost of interventions to support the financial sector, public sector net borrowing (PSNB) – the gap between the exchequer's tax take and its spending – stood at £163.4bn for the financial year just ended.
  • (16) "I contribute tens of millions of pounds [to the exchequer].
  • (17) In 2010 the Labour administration introduced a new top rate of 50% on income over £150,000, but the current chancellor of the exchequer, George Osborne, cut the rate to 45% in the 2012 budget.
  • (18) The plan, overseen by the Tory exchequer secretary, David Gauke, has provoked a backlash from privacy campaigners and tax professionals.
  • (19) ACC: I went straight into the civil service, into the exchequer and audit department, and came to London and worked first in Whitehall, at the old Board of Education, and then went to the Post Office, and then the war began and we were evacuated.
  • (20) Writing on the Guardian's website, shadow exchequer minister Owen Smith was sceptical, saying the anti-avoidance measures would be "a toothless tiger".

Fisc


Definition:

  • (n.) A public or state treasury.

Example Sentences:

  • (1) To bring greater transparency to the NSA's surveillance under the Patriot Act, the ACLU filed two motions with the secretive FISC asking it to release to the public its opinions authorizing the bulk collection of Americans' data by the NSA, and we are continuing to litigate a Freedom of Information Act lawsuit that we filed in 2011 demanding the government release information about its use and interpretation of Section 215.
  • (2) But foreign intelligence surveillance court (FISC) opinions since then suggest that the new rules have also failed.
  • (3) A 2009 FISC opinion, evaluating the process from 2006 to 2009, dedicated a whole section to "misrepresentations to the court", and stated that the government has "repeatedly submitted inaccurate descriptions" of the process the FISC was reviewing.
  • (4) The newly-disclosed 2009 opinion includes a whole section entitled "Misrepresentations to the Court" , which begins with the sentence: The government has compounded its noncompliance with the court's orders by repeatedly submitting inaccurate descriptions of the alert list process to the FISC.
  • (5) mieke eoyang (@MiekeEoyang) Reforms agreed to today: declassification of FISC opinions, reduce holding 215 data to 3 yrs, adversarial amicus at FISC.
  • (6) "Realistically, however, I would not anticipate many such cases given the fact-intensive nature of Fisc opinions," Walton wrote.
  • (7) In 2015, he accepted an appointment as an amici curiae for the Foreign Intelligence and Surveillance Court (FISC), in which he will offer an outsider’s opinion on novel government data requests.
  • (8) Diagnosis of parents and siblings was based on interviews with the probands, and only those with "definite" panic disorder by the FISC criteria were considered to be affected.

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