Chan"cer*y (?), n. [F. chancellerie, LL. cancellaria, from L. cancellarius. See Chancellor, and cf. Chancellery.] 1. In England, formerly, the highest court of judicature next to the Parliament, exercising jurisdiction at law, but chiefly in equity; but under the jurisdiction act of 1873 it became the chancery division of the High Court of Justice, and now exercises jurisdiction only in equity.