What is EXCHEQUER?

That department of the English government which has charge of thecollection of the national revenue; the treasury department.It is said to have been so named from the chequered cloth, resembling a chessboard,which anciently covered the table there, and on which, when certain of theking’s accounts were made up. the sums were marked and scored with counters. 3 Bl. Comm. 44.

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