Defalcation

Definition:

  • (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.

Compare defalcation with other words:

defalcation vs. misappropriation

defalcation vs. falcate

defalcate vs. defalcation

defalcation vs. embezzlement

cancel vs. defalcation