EXCHEQUER

One of the superior courts of law; -- so called from a checkered cloth, which covers, or formerly covered, the table. [Eng.]

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. Barons of the exchequer. See under Baron. -- Chancellor of the exchequer. See under Chancellor. -- Exchequer bills or bonds (Eng.), bills of money, or promissory bills, issued from the exchequer by authority of Parliament; a species of paper currency emitted under the authority of the government, and bearing interest.

To institute a process against (any one) in the Court of Exchequer.