Definitions of chancellor
(UK) the Chancellor of the Exchequer (=finance minister)
Later today, the new Chancellor will deliver his first budget speech following the recent General Election.
(also: CEO; Chief Executive Officer) the person in charge of a US university. NB The term is also used in the UK, although the position is honorary.
The Kansas University chancellor will join other state university CEOs in donating her raise back to the university.
the leader of the government in some countries eg Germany
David Cameron has met German Chancellor Angela Merkel for talks in Berlin.