1. A judge serving on a court of chancery.
2. A university president or CEO of an institution of higher education.
3. In the U.S., a judge in some courts of chancery or equity.
4. Scots law. The presiding juror.
5. Eccles. law. A law officer who presides over the bishop’s court. • The chancellor advises and assists the bishop in all matters of canon law, both juridical and administrative. — chancellorship, n.