Meaning of University Chest in English:

University Chest

noun

  • (At Oxford and Cambridge Universities) the funds of the university; the office which receives and administers these, a finance office, committee, or board.

    Originally with reference to an actual chest or chests in which funds were kept. The term is still used informally at Oxford and Cambridge, although it no longer occurs in the official designation of any board or office.

Origin

Early 17th century; earliest use found in Francis Godwin (1562–1633), bishop of Hereford and historian.