embezzlement / defalcation
nounmasculineformal/dɨʒˈfalkɨ/low
des·fal·que
Definition
Fraudulent subtraction of money or valuables from a cash register, treasury, or institution that one manages or has access to.
The accountant was accused of embezzlement of half a million euros.
The embezzlement of the association's funds led to its insolvency.
Common collocations
to commit embezzlementembezzlement of funds
Etymology
Derivação de 'desfalcar'.