defalcation defalcation

Definition(s):

  1. (n) the sum of money that is misappropriated
  2. (n) the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else

Usage(s):

  1. Last month a jury pronounced Treasurer Baldwin guilty of perjury by falsifying bank statements to cover up the defalcation.
  2. They decided that they had to share a collective responsibility for not having discovered the defalcation earlier.
  3. No danger was there of defalcation, however.
Word of the Day
cynic cynic
/ˈsɪ nɪk /