What does embezzlement mean?

Definitions for embezzlement
em·bez·zle·ment

This dictionary definitions page includes all the possible meanings, example usage and translations of the word embezzlement.

Princeton's WordNet

  1. embezzlement, peculation, defalcation, misapplication, misappropriationnoun

    the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else

Wiktionary

  1. embezzlementnoun

    The fraudulent conversion of property from a property owner.

Samuel Johnson's Dictionary

  1. Embezzlementnoun

    Etymology: from embezzle.

Wikipedia

  1. Embezzlement

    Embezzlement is a crime that consists of withholding assets for the purpose of conversion of such assets, by one or more persons to whom the assets were entrusted, either to be held or to be used for specific purposes. Embezzlement is a type of financial fraud. For example, a lawyer might embezzle funds from the trust accounts of their clients; a financial advisor might embezzle the funds of investors; and a husband or a wife might embezzle funds from a bank account jointly held with the spouse.The term "embezzlement" is often used in informal speech to mean theft of money, usually from an organization or company such as an employer. Embezzlement is usually a premeditated crime, performed methodically, with precautions that conceal the criminal conversion of the property, which occurs without the knowledge or consent of the affected person. Often it involves the trusted individual embezzling only a small proportion of the total of the funds or resources they receive or control, in an attempt to minimize the risk of the detection of the misallocation of the funds or resources. When successful, embezzlement may continue for many years without detection.

ChatGPT

  1. embezzlement

    Embezzlement refers to the act of dishonestly withholding or stealing of assets by a person entrusted with their care, typically in the setting of employment or financial management. It involves misappropriation or misusing funds for personal gain that were entrusted to the individual for specific purposes. Embezzlement is a type of financial fraud and a crime in many jurisdictions.

Webster Dictionary

  1. Embezzlementnoun

    the fraudulent appropriation of property by a person to whom it has been intrusted; as, the embezzlement by a clerk of his employer's; embezzlement of public funds by the public officer having them in charge

Wikidata

  1. Embezzlement

    Embezzlement is the act of dishonestly withholding assets for the purpose of conversion of such assets by one or more individuals to whom such assets have been entrusted, to be held and/or used for other purposes. Embezzlement is a kind of financial fraud. For instance, a lawyer could embezzle funds from clients' trust accounts, a financial advisor could embezzle funds from investors, or a spouse could embezzle funds from his or her partner. Embezzlement may range from the very minor in nature, involving only small amounts, to the immense, involving large sums and sophisticated schemes. More often than not, embezzlement is performed in a manner that is premeditated, systematic and/or methodical, with the explicit intent to conceal the activities from other individuals, usually because it is being done without the other individuals' knowledge or consent. Often it involves the trusted individual embezzling only a small proportion or fraction of the total of the funds or resources he/she receives or controls; in an attempt to minimize the risk of the detection of the misallocation of the funds or resources. When successful, embezzlements continue for years without detection. It is often only when a relatively large proportion of the funds are needed at one time; or they are called upon for another use; or, when a major institutional reorganization requires the complete and independent accounting of all real and liquid assets; prior to, or concurrent with, the reorganization, that the victims realize the funds, savings, assets or other resources, are missing and that they have been duped by the embezzler.

Dictionary of Nautical Terms

  1. embezzlement

    Or simple theft, by persons belonging to a merchant ship, is not deemed a peril of the sea. But robbery violently committed by persons not belonging to the ship, is a peril for which the insurer is answerable.--To embezzle is to misappropriate by a breach of trust.

Military Dictionary and Gazetteer

  1. embezzlement

    See Appendix, Articles of War, 60.

How to pronounce embezzlement?

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Numerology

  1. Chaldean Numerology

    The numerical value of embezzlement in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of embezzlement in Pythagorean Numerology is: 2

Examples of embezzlement in a Sentence

  1. Attorney Matthew Schneider:

    The union has had a problem with fraud, embezzlement and corruption, there are a few bad apples and those people have been convicted.

  2. Vladimir Osechkin:

    The formal basis for conducting these searches is the accusation of the embezzlement of funds earmarked for subversive activities in Ukraine, the real reason is unreliable, incomplete and partially false information about the political situation in Ukraine.

  3. Puran Malka:

    CEO means Chief Embezzlement Officer or Cheap Employment Officer

  4. Trey Harrell:

    If there is an opioid piece to the embezzlement that those investigations will run simultaneously because this U.S. Attorney’s Office is not going to waste any resources, that being said, we’re hearing about an alleged opioid ring bouncing around but we’ve got a handful of issues regarding his resignation from his law firm due to funds not being accounted for.

  5. Finley Peter Dunne:

    A man's idea in a game of cards is war, cruel, devastating, and pitiless. A lady's idea of it is a combination of larceny, embezzlement and burglary.

Popularity rank by frequency of use

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Translations for embezzlement

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"embezzlement." Definitions.net. STANDS4 LLC, 2024. Web. 29 Mar. 2024. <https://www.definitions.net/definition/embezzlement>.

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