University Chest
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The University Chest is a term used, with slightly varying meaning, at the
University of Oxford , mottoeng = The Lord is my light , established = , endowment = £6.1 billion (including colleges) (2019) , budget = £2.145 billion (2019–20) , chancellor ...
and the
University of Cambridge The University of Cambridge is a public collegiate research university in Cambridge, England. Founded in 1209 and granted a royal charter by Henry III in 1231, Cambridge is the world's third oldest surviving university and one of its most pr ...
. The abbreviated form ''The Chest'' is common at Cambridge.


Oxford

At Oxford the term is used in connection with the financial aspects of the University and its administration. There has traditionally been an actual chest, an iron box that can be locked and used for storage.
Jan Morris (Catharine) Jan MorrisJan Morris, Paul Clements, University of Wales Press, 2008, p. 7 (born James Humphry Morris; 2 October 192620 November 2020) was a Welsh historian, author and travel writer. She was known particularly for the ''Pax Brita ...
, ''Oxford''.
Oxford University Press Oxford University Press (OUP) is the university press of the University of Oxford. It is the largest university press in the world, and its printing history dates back to the 1480s. Having been officially granted the legal right to print books ...
, 1987. . Page 41.
The current Chest at Oxford was made in the 17th century and is officially called "The Painted Chest". Today, the modern "Chest" is in practice the finance department of the University. The central administration is located in modern buildings in
Wellington Square Wellington Square may refer to: * A neighbourhood in Burlington, Ontario, Canada * Wellington Square, Chelsea, a garden square in Chelsea, London * A square in Hastings, on the south coast of England * A square in Kolkata, India, renamed Subodh ...
.


Cambridge

At Cambridge the term is used to refer to the main capital account of the University. Again, the term derives from an actual chest, which was used to secure University property from the medieval period.


See also

* '' An Oxford University Chest'' by John Betjeman (1938).


References

{{reflist


External links


A history of the University Chest

Chest, The

Sources of Funds: The Chest
Terminology of the University of Oxford Terminology of the University of Cambridge History of the University of Oxford History of the University of Cambridge Economy of Oxford