Video shows what chancellor means. A judicial court of chancery, which in England and in the United States is distinctively a court with equity jurisdiction.. Head of a chancery.. An important notary; a person in charge of some area of government, often justice or finance.. chancellor synonyms: provost, rector, president, principal, master, mistress, Bundeskanzler, Bundeskanzlerin, Kanzler, Kanzlerin, premier, prime minister, PM, Reichskanzler. Chancellor Meaning. How to pronounce, definition audio dictionary. How to say chancellor. Powered by MaryTTS, Wiktionary