'Defalcation' definitions:

Definition of 'defalcation'

From: WordNet
noun
The sum of money that is misappropriated
noun
The fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else [syn: embezzlement, peculation, defalcation, misapplication, misappropriation]

Definition of 'Defalcation'

From: GCIDE
  • Defalcation \De`fal*ca"tion\, n. [LL. defalcatio: cf. F. d['e]falcation.]
  • 1. A lopping off; a diminution; abatement; deficit. Specifically: Reduction of a claim by deducting a counterclaim; set- off. --Abbott. [1913 Webster]
  • 2. That which is lopped off, diminished, or abated. [1913 Webster]
  • 3. An abstraction of money, etc., by an officer or agent having it in trust; an embezzlement. [1913 Webster]

Words containing 'Defalcation'