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Meaning of embezzlement
The act of stealing or misusing funds or assets entrusted to one's care.
Etymology of embezzlement
The word "embezzlement" originates from the Old French word "embezzler," which is derived from the Old French words "en" meaning "in" or "on" and "bezzler" or "bezillier" meaning "to pilfer" or "to steal"
Historically, the term has been used to describe the act of stealing or misusing funds or assets entrusted to one's care, and has been a part of the English language since the 15th century
Synonyms
theft
misappropriation
corruption
fraud
swindling
thievery
larceny
pilferage
mismanagement
malfeasance
malversation
defalcation
peculation
embezzling
misapplication
misemployment
misusage
abuse
corruption
bribery
extortion
racketeering
plundering
looting
siphoning
skimming
absconding
defrauding
cheating
swindling
scamming
fleecing
bilking
Definitions
- The act of dishonestly withholding assets for the purpose of theft or misappropriation by one or more individuals to whom such assets have been entrusted
- * The fraudulent appropriation to one's own use of money or property entrusted to one's care or management
Usage Examples
- The company's accountant was accused of embezzlement after it was discovered that he had been siphoning off funds from the company's accounts
- * The government official was charged with embezzlement for misusing public funds for personal gain