embezzlement

Estimated CEFR level: C2 — Proficiency

Estimated from word frequency; not an official CEFR classification.

Definition

noun the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else

From embezzle + -ment.

Million dollar embezzlement scam with the SEC's approval." — Terminal Compromise, Winn Schwartau
Was there an embezzlement or shortage at any time? — The problem of Cell 13, Jacques Futrelle
“Why, they say he served a term in the penitentiary for embezzlement. — The Blue Castle: a novel, L. M. (Lucy Maud) Montgomery

peculation, defalcation, misapplication, misappropriation

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