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The Collaborative International Dictionary
Peculation

Peculation \Pec`u*la"tion\, n. The act or practice of peculating, or of defrauding the public by appropriating to one's own use the money or goods intrusted to one's care for management or disbursement; embezzlement.

Every British subject . . . active in the discovery of peculations has been ruined.
--Burke.

Douglas Harper's Etymology Dictionary
peculation

1650s, noun of action from Latin peculari (see peculate).

Wiktionary
peculation

n. (context legal chiefly historical English) The wrongful appropriation or embezzlement of shared or public property, usually by a person entrusted with the guardianship of that property.

WordNet
peculation

n. the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else [syn: embezzlement, defalcation, misapplication, misappropriation]

Usage examples of "peculation".

He got into debt, committed peculation, and had to escape into Turkey and embrace Islam to avoid the penalty of death.

His beloved brother, Varro Lucullus, was also in trouble with Memmius, who sought to convict him for peculations alleged to have occurred years and years before.

Juncus, Caesar reflected, had been the start of his determination to end gubernatorial peculations and looting.

Add to that the stolen bounty and the other peculations of the Foulness Camp and it seemed to Sharpe that Sir Henry and Lieutenant Colonel Girdwood could be making a profit of close to seventy pounds a man.

Until now he had kept his peculations unobtrusive, but, he decided with fresh insight into his present position, there was no point in being subtle any longer!

Have you heard any stories of gargantuan peculations, of murder and rape and misappropriation?

Since his arrival the College has seen the deaths of one undergraduate, a bedder, the total destruction of a building classified as a national monument, charges of peculation and a scandal involving the admission of unqualified candidates, the sacking of Skullion and now, to cap it all, the assumption of dictatorial powers by the Master.

Suspected peculation, absence without leave or fancied disrespect would rouse her to a volume of sound that seemed to mark the utmost limits of the female voice.

They scrupled not to tax him with gross peculation, and exhibited articles of impeachment against him, which became the subject of elaborate investigation, the result of which is matter of history.

A Master of Requests, named Falhonet, together with the Abbe Clement, and two clerks in their employ, had been concerned in divers acts of peculation, to the amount of upwards of a million of livres.