Definition, Meaning & Synonyms

defalcate

verb

/ˌdɛfəlˈkeɪt/

Definition

To embezzle or misappropriate funds or assets entrusted to one’s care.

Examples

The accountant was found guilty of defalcating the company’s money.
After the audit revealed discrepancies, the manager was accused of defalcating his clients’ funds.

Meaning

Defalcate typically refers to the act of fraudulently taking or using funds that have been entrusted to someone, particularly in a professional or fiduciary capacity.