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Noun: defalcation  `dee-fal'key-shun
  1. The sum of money that is misappropriated
     
  2. The fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else
    - embezzlement, peculation, misapplication, misappropriation

Derived forms: defalcations

See also: defalcate

Type of: amount, amount of money, larceny, stealing, sum, sum of money, theft, thievery, thieving

Encyclopedia: Defalcation

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