defalcation

listen to the pronunciation of defalcation
Englisch - Englisch
embezzlement
The act of cancelling part of a claim by deducting a smaller claim which the claimant owes to the defendant
{n} a cutting off, a diminution
Misappropriation of funds by the person or group entrusted with them
Stealing of money (LE)
Specifically: Reduction of a claim by deducting a counterclaim; set- off
{i} embezzlement, stealing (of money)
1 Defaulting on a debt or other obligation such to account for public or trust funds Usually used in the context of public officials
by an officer or agent having it in trust; an embezzlement
That which is lopped off, diminished, or abated
the sum of money that is misappropriated
Latin diffalcare, to abate, deduct, take away 1 Reduction of a claim by allowance of a counter-claim 2 Misappropriation of trust funds - by a public or corporate officer
An abstraction of money, etc
Stealing of money
A lopping off; a diminution; abatement; deficit
1 Defaulting on a debt or other obligation such to account for public or trust funds Usually used in the context of public officials 2 Defalcation has another legal meaning referring to the setting-off of two debts owed between two people by the agreement to a new amount representing the balance I owe you $7 and you owe me $3; we agree to "defalk"; the result is that I owe you $4 This is a type of novation
the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else
defalcations
plural of defalcation
defalcation

    Silbentrennung

    de·fal·ca·tion

    Aussprache

    Etymologie

    () Late 15th century, from Medieval Latin dēfalcātiōnem, accusative singular of dēfalcātiō (literally “cutting off, lopping off with a sickle”), nominalization of dēfalcō, from Latin dē (“off”) + falx (“sickle, scythe, pruning hook”)“” in the Online Etymology Dictionary, Douglas Harper, 2001, from which also English falcate (“sickle-shaped”). Surface analysis is defalcate +‎ -tion (“the act of”).
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