defalcation (Meaning)
defalcation (n)
the sum of money that is misappropriated
the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else
defalcation (n.)
A lopping off; a diminution; abatement; deficit. Specifically: Reduction of a claim by deducting a counterclaim; set- off.
That which is lopped off, diminished, or abated.
An abstraction of money, etc., by an officer or agent having it in trust; an embezzlement.
Synonyms & Antonyms of defalcation
defalcation Sentence Examples
- The company suffered a severe financial setback due to the treasurer's defalcation of funds.
- The forensic audit revealed evidence of widespread defalcation within the organization.
- The court determined that the CEO was complicit in the defalcation of company assets.
- The charity's reputation was tarnished by allegations of defalcation by its board members.
- The embezzler was arrested and charged with multiple counts of defalcation.
- The investigation into the financial irregularities uncovered a pattern of defalcation spanning several years.
- The shareholders demanded accountability for the defalcation of their investments.
- The government agency was rocked by scandal after a high-ranking official was implicated in a defalcation scheme.
- The nonprofit organization implemented new safeguards to prevent future instances of defalcation.
- Despite his denials, the evidence against him in the case of defalcation was overwhelming.
FAQs About the word defalcation
the sum of money that is misappropriated, the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone elseA lopping o
peculation, misuse, theft,embezzlement, misappropriation, misapplication, appropriation, annexation, impoundment, infringement
No antonyms found.
The company suffered a severe financial setback due to the treasurer's defalcation of funds.
The forensic audit revealed evidence of widespread defalcation within the organization.
The court determined that the CEO was complicit in the defalcation of company assets.
The charity's reputation was tarnished by allegations of defalcation by its board members.
