Defalcation
[n] the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else
[n] the sum of money that is misappropriated
Related Information
Related Terms
abuse, abuse of office, arrear, arrearage, arrears, befoulment, break, conversion, corrupt administration, debasement, decline, default, defect, defectiveness, deficiency, deficit, defilement, delinquency, desecration, discontinuity, diversion, embezzleme