term:

Chancery

chancery n

[Middle English chauncery, alteration of chancellerie chancellor's office]
1 cap
: the court having equity jurisdiction in England and Wales and presided over by the Lord Chancellor of Great Britain NOTE: Formerly a separate court, the Chancery is now a division of the Supreme Court of Judicature in England.
2 a : court of equity [cases decided in ]
b : the principles and practice of judicial equity [court of ] see also equity compare law NOTE: There are chancery courts in Arkansas, Delaware, Mississippi, New Jersey, and Tennessee.

Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.