de·fal·cate

(dĭ-făl′kāt′, -fôl′-, dĕf′əl-)

intr.v. de·fal·cat·ed, de·fal·cat·ing, de·fal·cates

To misuse funds; embezzle.

[Medieval Latin dēfalcāre, dēfalcāt-, to mow, deduct : Latin dē-, de- + Latin falx, falc-, sickle.]

de′fal·ca′tion (dē′făl-kā′shən, -fôl-, dĕf′əl-) n.

de·fal′ca′tor n.

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

de•fal•ca•tion

(ˌdi fælˈkeɪ ʃən, -fɔl-)

n.

1. misappropriation of funds held by a trustee or other fiduciary.

2. the sum misappropriated.

[1425–75; deduction from wages < Medieval Latin dēfalcātiō=dēfalcā(re) to mow, cut down, diminish (Latin dē- de- + -falcāre, derivative of falx sickle)]

defalcation

1. unauthorized appropriation of money; embezzlement.
2. the sum embezzled.

defalcation

[ˌdiːfælˈkeɪʃən] N → desfalco m

Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

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References in classic literature

Howbeit, I enabled him to make good his defalcation--in the city they consider a defalcation made good when the money is replaced--and to go to New York.

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Another prominent feature is the love of 'smart' dealing: which gilds over many a swindle and gross breach of trust; many a defalcation, public and private; and enables many a knave to hold his head up with the best, who well deserves a halter; though it has not been without its retributive operation, for this smartness has done more in a few years to impair the public credit, and to cripple the public resources, than dull honesty, however rash, could have effected in a century.

View in context

Wickfield might now wind up his business, and his agency-trust, and exhibit no deficiency or defalcation whatever.'

View in context

The motives on the part of the State governments, to augment their prerogatives by defalcations from the federal government, will be overruled by no reciprocal predispositions in the members.

View in context

When I heard of this villainous business, his flight, and his leaving his partner to face the storm, above all that my old friend had been driven to surrender his income in order to make up for my brother's defalcations, I felt that now indeed I had a need for it.

View in context

As a result, cannabis clients deal primarily in cash, increasing the risk of both unreported revenue and defalcation, which increases a CPA's professional liability risk, irrespective of the service provided to the business.

Providing services to cannabis clients

Lower courts have also held that the exception to discharge for debts "for willful and malicious injury" in [section] 523(a)(6) applies to debts arising from a debtors knowing receipt of an intentionally fraudulent transfer; (11) and that the exception for debts "for fraud or defalcation while acting in a fiduciary capacity" in [section] 523(a)(4) may cover debts incurred by a debtor who fraudulently transferred property of an insolvent corporation of which he was an insider.

Fraudulent Transfers and the Fresh Start in Bankruptcy

PATNA: A special Central Bureau of Investigation (CBI) court in Jharkhand on Thursday sentenced a former minister and Rashtriya Janata Dal (RJD) lawmaker Iliyas Hussain to four year imprisonment in a 26-year-old bitumen scam involving defalcation of Rs1.8 million (about Dh94,726).

RJD lawmaker Iliyas Hussain sentenced to jail

Where the Department of Labor obtained a pre-bankruptcy judgment against a debtor in a case arising under ERISA and the department sought to have the judgment debt declared nondischargeable, summary judgment for the department is affirmed because the findings supported the conclusion that the debtor committed defalcation when he chose to use plan assets to pay himself and other corporate expenses instead of remitting those assets to a healthcare benefits provider.

8th U.S. Circuit Court of Appeals Digest: Aug. 9

In the meantime on 12-11-2015 the petitioner received a letter from the respondent No.4 seeking clarification about some allegations against him for defalcation of Government revenue stating that until disposal of the aforesaid matter the petitioner's offer for supply of goods under the aforesaid tenders will not be approved by the respondents.

Demand for encashment of Bank Guarantee cannot be injuncted

The FIR was registered under section 406,407,409 and 420 of the Indian Penal Code (IPC) for defalcation of paddy and loss to the exchequer.

ED attaches Naland's Pawapuri Rice Mill's assets in fraud case

Pis, le club constantinois est egalement sous la menace de defalcation, ce qui risque fortement de compromettre sa survie en Ligue 1 Mobilis.

Le Chabab de Constantine s'essouffle!

Noun	1.	defalcation - the sum of money that is misappropriated amount, amount of money, sum, sum of money - a quantity of money; "he borrowed a large sum"; "the amount he had in cash was insufficient"
	2.	defalcation - the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else embezzlement, misappropriation, peculation, misapplication raid - an attempt by speculators to defraud investors plunderage - the act of plundering (especially the embezzlement of goods on shipboard) larceny, stealing, theft, thievery, thieving - the act of taking something from someone unlawfully; "the thieving is awful at Kennedy International"