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Definition of Defalcation
1. Noun. The sum of money that is misappropriated.
2. Noun. The fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else.
Exact synonyms: Embezzlement, Misapplication, Misappropriation, Peculation
Specialized synonyms: Raid, Plunderage
Generic synonyms: Larceny, Stealing, Theft, Thievery, Thieving
Derivative terms: Defalcate, Embezzle, Misappropriate, Peculate
Specialized synonyms: Raid, Plunderage
Generic synonyms: Larceny, Stealing, Theft, Thievery, Thieving
Derivative terms: Defalcate, Embezzle, Misappropriate, Peculate
Definition of Defalcation
1. n. A lopping off; a diminution; abatement; deficit. Specifically: Reduction of a claim by deducting a counterclaim; set- off.
Definition of Defalcation
1. Noun. (legal) The act of cancelling part of a claim by deducting a smaller claim which the claimant owes to the defendant. ¹
2. Noun. embezzlement ¹
¹ Source: wiktionary.com
Definition of Defalcation
1. [n -S]