Definition, Meaning & Synonyms

defalcate

verb
/ˈdɛfəlˌkeɪt/
Definition
To embezzle or misappropriate funds, typically in a financial context.
Examples
  • The accountant was accused of trying to defalcate company funds.
  • In his role as treasurer, he was responsible for ensuring that no one would defalcate the organization’s money.
Meaning
The act of taking money that has been entrusted to one’s care, typically by a public official or an employee, for personal use.
Synonyms
  • embezzle
  • misappropriate
  • divert
  • misuse