Kids.Net.Au - Dictionary > Definition: defalcation

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Definition of defalcation

the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else
the sum of money that is misappropriated

Similar Words: embezzlement, peculation, misapplication, misappropriation

Hyponyms: raid, plunderage

Derivational Morphology: embezzle, defalcate, peculate, misappropriate, malversate

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