Chancellor

of the Exchequer. The minister of finance in the British Cabinet. ’Change. An abbreviation of exchange. In London the term ’change is, strictly speaking, only applied to the market for foreign bills. “On change” means in the foreign bills (foreign exchange) market, which meets on Tuesdays and Thursdays in the Royal Exchange (see Course of exchange). But the term is also used loosely and inaccurately of the stock exchange. 3 Change alley. The early meeting place (1698 to about 1773) of dealers in shares and stocks in London.