embezzlement

noun — 2 senses

embezzlement

noun

US /ˌɪmˈbɛzəlmənt/

Etymology From embezzle + -ment.

1

Business, Law The fraudulent conversion of property from a property owner.

  • He was arrested for embezzlement of company funds.
  • The case involved large-scale embezzlement.
4 more examples
  • charged with embezzlement
  • corporate embezzlement
  • "Embezzlement, sir," commented Mr Carlyle icily. "But what is embezzlement on the top of wholesale murder!"1914, Ernest Bramah, Max Carrados:
  • A major accident and embezzlement of its funds seem to have been the only disasters it escaped; and as to the latter, the most probable reason is that it never had any quantity of funds worth embezzling.1959 October 23, Michael Robbins, “The Isle of Wight (Newport Junction) Railway”, in Railway Magazine, page 721:
2

Business, Law Such conversion from public property.

Derived terms
nonembezzlement
Related terms
embezzle, corruptocracy, forgery, fraud, kakistocracy, kleptocracy, larceny, quackery, usury

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.