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The fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else
Answer for the clue "The fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else ", 11 letters:
defalcation
Word definitions for defalcation in dictionaries
Wikipedia
Word definitions in Wikipedia
A defalcation is an amount of funds misappropriated by a person trusted with its charge; also, the act of misappropriation, or an instance thereof. The term is more specifically used by the United States Bankruptcy Code to describe a category of bad acts ...
WordNet
Word definitions in WordNet
n. the sum of money that is misappropriated the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else [syn: embezzlement , peculation , misapplication , misappropriation ]
Douglas Harper's Etymology Dictionary
Word definitions in Douglas Harper's Etymology Dictionary
mid-15c., from Medieval Latin defalcationem (nominative defalcatio ), noun of action from past participle stem of defalcare , from de- + Latin falx , falcem "sickle, scythe, pruning hook" (see falcate ).
The Collaborative International Dictionary
Word definitions in The Collaborative International Dictionary
Defalcation \De`fal*ca"tion\, n. [LL. defalcatio: cf. F. d['e]falcation.] A lopping off; a diminution; abatement; deficit. Specifically: Reduction of a claim by deducting a counterclaim; set- off. --Abbott. That which is lopped off, diminished, or ...
Wiktionary
Word definitions in Wiktionary
n. 1 (context legal English) The act of cancelling part of a claim by deducting a smaller claim which the claimant owes to the defendant. 2 embezzlement
Usage examples of defalcation.
He had exactly the same feeling, differently polarized, that an amateur criminal must have who has committed his first defalcation and then realized that he has made a fatal slip and that he must be found out and that it will only be a matter of time before they come for him, that he has changed the whole course of his life in a blithe moment and now the machinery has got him and there is nothing he can do about it.
There would have been silence and mystery over the whole scandal, until the defalcations could be made good, but for Whadcoat's letter to the coroner and his dying words: 'The letter.
It all worked right, and I knew that I could make my defalcations good at the bank very soon.
There would have been silence and mystery over the whole scandal, until the defalcations could be made good, but for Whadcoat's letter to the coroner and his dying words: 'The letter .
He wants to go over all the Church accounts - in case of defalcations - that was the word he used.
Larkin is likely to figure once more in the courts about some very ugly defalcations in the cash of the Penningstal Mining Company, and that this time the persecutions of that eminent Christian are likely to take a different turn, and, as Tom said, with a gloomy shrewdness, to end in 'ten years penal.
He had been empowered to bring in outside accountants for surprise audits to nip any defalcations in the bud.
I sometimes wonder, as I open my morning paper, if nothing did happen in the twenty-four hours except crimes, accidents, defalcations, deaths of unknown loafers, robberies, monstrous births,--say about the level of police-court news.
He knew that grave misapplications had occurred, but he could not easily penetrate to the specific defalcation, and until he could do so, he had no case, and he knew it.
He felt sure that Pennington, perhaps by now in a desperate position, was going to try and obtain signatures from her which would cover his own defalcations.