(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".
Treasury
Definition:
(n.) A place or building in which stores of wealth are deposited; especially, a place where public revenues are deposited and kept, and where money is disbursed to defray the expenses of government; hence, also, the place of deposit and disbursement of any collected funds.
(n.) That department of a government which has charge of the finances.
(n.) A repository of abundance; a storehouse.
(n.) Hence, a book or work containing much valuable knowledge, wisdom, wit, or the like; a thesaurus; as, " Maunder's Treasury of Botany."
(n.) A treasure.
Example Sentences:
(1) Obiang, blaming foreigners for bringing corruption to his country, told people he needed to run the national treasury to prevent others falling into temptation.
(2) They also questioned why George Osborne and the Treasury failed to realise there was a potential issue earlier in the calculation process – pointing to recent upwards revisions of post-1995 gross national income by the UK’s own statistics watchdog.
(3) The Treasury said: "Britain has been at the forefront of global reforms to make banking more responsible, including big reductions in upfront cash bonuses and linking rewards to long-term success.
(4) There must also be strict rules in place to reduce the risks they take with shareholders' funds.Yet the huge cost of increasing capital and liquidity is forgotten when the Treasury urges them to increase lending to small and medium businesses.
(5) The Treasury has also earmarked £3bn in "underspends" by departments that have cut more rapidly than planned, to be put to use.
(6) He served as financial secretary to the Treasury between 1994 and 1995, then as transport secretary for two years.
(7) However, a spokesperson for the Department for Communities and Local Government denied any reports of a rift with the Treasury.
(8) Zoopla, the property website, has warned that Brexit would reverse the gains in house prices made over the past five years, citing Treasury research.
(9) Nurses, police and other public sector workers should not necessarily expect a 1% pay rise, the chief secretary to the Treasury has said.
(10) The prime minister said that while he was prepared to organise the extraordinary Treasury briefing, he was not prepared to release the government’s independent advice for the public or parliament to justify the rise.
(11) Sir James Crosby, the chief executive until 2006, was forced to resign as deputy chairman of the Financial Services Authority after the Treasury select committee produced allegations by a whistleblower that the bank was "going too fast".
(12) Treasury secretary Tim Geithner called her an "exceptional talent" whose broad experience would "provide invaluable leadership for this indispensable institution at a critical time for the global economy".
(13) As part of the plan, the treasury and the Federal Deposit Insurance Corporation will guarantee against the "possibility of unusually large losses" on up to $306bn of risky loans and securities backed by commercial and residential mortgages.
(14) Freedom of information documents obtained as part of the investigation show that the recently departed leader of the City corporation, Stuart Fraser, had contact with the chancellor, George Osborne, and other senior Treasury ministers and officials 22 times in the 14 months up to March this year.
(15) Inflation is down by more than a half from its peak," the Treasury said in a statement.
(16) Mark Hellowell, lecturer in global health policy at Edinburgh University and an adviser to the Treasury select committee inquiry into PFIs, said: "There are some really significant risks to affordability here."
(17) Treasury sources said concerns over the state of the box were justified.
(18) The governor told business leaders in Edinburgh that Westminster would need to agree that the UK Treasury would help to bail out Scotland in any future financial crisis and act as a guarantor for Scotland's banks.
(19) Any further sales will be subject to market conditions and ensuring value for money,” the Treasury said.
(20) The Treasury was adamant last night that this would not be the impact at an industry level and produced figures that showed, for instance, in 2014-15, the corporation tax costs being £0.4bn, compared with a bank levy yield of £2.4bn.