vt to institute a process against (any one) in the court of exchequer.
2. exchequer ·noun one of the superior courts of law;
so called from a checkered cloth, which covers, or formerly covered, the table.
3. exchequer ·noun the department of state having charge of the collection and management of the royal revenue. hence, the treasury; and, colloquially, pecuniary possessions in general; as, the company's exchequer is low.