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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.
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]
Lexicographical Neighbors of Defalcation
Literary usage of Defalcation
Below you will find example usage of this term as found in modern and/or classical literature:
1. A Select Glossary of English Words Used Formerly in Senses Different from by Richard Chenevix Trench (1865)
"defalcation. A word at present of very slovenly and inaccurate use. We read in
the newspapers of a ' defalcation ' of the revenue, not meaning thereby an ..."
2. Index of Economic Material in Documents of the States of the United States by Adelaide Rosalia Hasse (1912)
"Dickinson defalcation See above, attorney general's report, ... Newburgh defalcation
1882. Stmt. rel. to embezzlement of clerk of bd. of public works, ..."
3. The Law of Suretyship and Guaranty: As Administered by Courts of Countries by George Washington Brandt (1905)
"Liability of surety when principal pays defalcation of one term with money ...
and that a defalcation having been established, and no time shown when it ..."
4. The Political Code of the State of California by California, Creed Haymond, John Chilton Burch (1874)
"... or defalcation of the public funds of this defalcation State shall ever be
eligible to any office of honor, trust, or fl'nds bv of public ..."
5. Memoirs, Official and Personal: With Sketches of Travels Among the Northern by Thomas Loraine McKenney (1846)
"... the accounts—Charged with defalcation—Mysterious disappearance of vouchers—Duplicates
produced—Accounts settled— Charges of defalcation reiterated—Rules ..."
6. The Practice in Courts of Justice in England and the United States by Conway Robinson (1855)
"Effect there of the words "without set off" or "without defalcation." The decisions
as to what is a good promissory note within the statute of Ann, ..."
7. A Treatise on the Law of Bankruptcy by John Lowell (1899)
"defalcation. — " defalcation " of an officer is classed with frauds and breaches
of trust, and means a fraudulent defalcation. Damages against an officer ..."
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