20:55
MIAMI A
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
Lord High Treasurer
Read a random definition: investment
A quick definition of Lord High Treasurer:
Lord High Treasurer: A person who was responsible for managing the money and property of the king or queen in the past. They collected taxes and rents, and leased out land owned by the Crown. Today, this role is carried out by a group of people called the lords commissioners of the treasury.
A more thorough explanation:
Definition: The Lord High Treasurer was a historical officer responsible for managing the royal revenues, customs duties, and leasing of Crown lands. Today, these functions are carried out by the lords commissioners of the treasury.
Example: During the reign of Queen Elizabeth I, William Cecil served as Lord High Treasurer. He was responsible for managing the finances of the kingdom and played a key role in funding the English navy.
Explanation: This example illustrates how the Lord High Treasurer was a powerful figure in the English government, with significant responsibilities for managing the country's finances. Cecil's role in funding the navy also highlights the importance of the Lord High Treasurer in supporting military operations and national defense.