Outrageously Funny Word Dictionary :: Exchequer

👉 The term "exchequers" is a French word that refers to the administration of taxes and funds in France. It was first introduced by Louis XIII of France during his reign as King of France, which lasted from 1638 to 1642. The exchequer is responsible for collecting and distributing tax revenues to the government, including income tax, sales tax, and property taxes. The term "exchequers" was later adopted by other countries in Europe

exchequers

👉 The term "exchequer" is a legislative term used in the United Kingdom, Germany and other countries to refer to the central government's budgetary function. It refers to the process by which governments allocate funds from their treasury for public use or expenditure. The exchequer is responsible for collecting taxes, distributing benefits, and administering financial policies.

exchequer