Defalcation

[,di:fæl'keiʃәn]

(noun.) the sum of money that is misappropriated.

Typist: Ronald--From WordNet

(n.) A lopping off; a diminution; abatement; deficit. Specifically: Reduction of a claim by deducting a counterclaim; set- off.

(n.) That which is lopped off, diminished, or abated.

(n.) An abstraction of money, etc., by an officer or agent having it in trust; an embezzlement.

Typist: Nelda

n. [1]. Diminution, abatement.[2]. Deficiency, deficit, default, shortcoming, falling short.

Checker: Percy

SYN:Failure, nonpayment, arrears, deficit

ANT:Payment, acquittal, balance, satisfaction, assets

Inputed by Cole

Inputed by Boris