Definitions for: Embezzlement


[n] the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else



Webster (1913) Definition: Em*bez"zle*ment, n.
The fraudulent appropriation of property by a person to whom
it has been intrusted; as, the embezzlement by a clerk of his
employer's; embezzlement of public funds by the public
officer having them in charge.

Note: Larceny denotes a taking, by fraud or stealth, from
another's possession; embezzlement denotes an
appropriation, by fraud or stealth, of property already
in the wrongdoer's possession. In England and in most
of the United States embezzlement is made indictable by
statute.

Synonyms: defalcation, misapplication, misappropriation, peculation

See Also: larceny, plunderage, raid, stealing, theft, thievery, thieving

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