👉 Chancellorship is a title given to an individual who has been appointed to lead or manage the government of a country. The role typically involves overseeing and guiding the policies and programs of the government, including budgeting, financial management, and policy implementation. This position is often seen as a higher ranking position than that of a prime minister, but it can also encompass more responsibilities such as managing foreign affairs, defense, or other related areas. Chancellorship is usually associated with monarchies, especially