appropriate (as property entrusted to one's care) fraudulently to one's own use; "The accountant embezzled thousands of dollars while working for the wealthy family"
If someone misappropriates money which does not belong to them, they take it without permission and use it for their own purposes. I took no money for personal use and have not misappropriated any funds whatsoever + misappropriation mis·ap·pro·pria·tion He pleaded guilty to charges of misappropriation of bank funds. to dishonestly take something that someone has trusted you with, especially money or goods that belong to your employer = embezzle
Taking what belongs to someone else and using it unfairly for one's own gain; for example, attempting to pass off a novel as part of a popular series of novels written and published by someone else It is often called unfair competition
The fraudulent transfer of assets from the firm to one or more dishonest employees The transfer is either preceded or followed by some form of concealment involving the alteration of accounts or substance