Misappropriation of funds by an entrusted person.
Sinònims
Examples for "defalcation"
Examples for "defalcation"
1At last a crisis came; the defalcation could be concealed no longer.
2One of its families once suffered a slight loss from a defalcation.
3And, finally, there is no defalcation of revenue, no pressure of taxation.
4This matter of Cowperwood's and Stener's defalcation he had long heard of.
5They once had a defalcation, but only of a trifling amount.