(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.
Example Sentences:
Embezzlement
Definition:
(n.) 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.
Example Sentences:
(1) Navalny, represented by two defence lawyers, will argue that he did not lead a criminal group to embezzle 16m roubles (£333,000) from Kirovles, a state-run timber firm, while advising the region's liberal governor, Nikita Belykh.
(2) Special prosecutors investigating Park’s relationship with her longtime confidante , Choi Soon-sil, had demanded Lee’s arrest on charges of bribery, embezzlement and perjury.
(3) He used the pre-recorded speech to deny accusations of embezzlement, saying: "They aim to tarnish my reputation and discredit my integrity, my stance, my political and military history during which I worked hard for Egypt and its people in peace and war."
(4) His former deputy prime minister, Damir Polančec, was charged in September in the biggest case concerning alleged embezzlement and money laundering to the tune of €60m (£50m) at the country's largest food company.
(5) If if was corrupt it should never have been here.” Last month the EU froze assets of former president Yanukovych, and 21 other people held responsible for embezzling state funds.
(6) The former managing director of a state car plant in Georgia is not bitter, either, about the accusations of embezzlement and misuse of public funds.
(7) Navalny, who led mass protests against Vladimir Putin three years ago, was handed a suspended sentence on 30 December after being found guilty of embezzling money in a trial that led to his brother being jailed on similar charges.
(8) Navalny was sentenced to five years in prison for embezzlement on Thursday in Kirov, but prosecutors unexpectedly asked for his release the next morning.
(9) GFHC, a subsidiary of the Bahrain-based investment bank Gulf Finance House, accuse the former Leeds managing director of fraud and embezzlement, with detailed documents alleging he fabricated at least 55 invoices to secure payments to five different bank accounts, two in Dubai and three in the UK.
(10) Khodorkovsky and Lebedev are accused of embezzling the entire crude oil production of Yukos over a six-year period.
(11) It was like a bomb went off in the room.” Arrest the thieves and embezzlers who are plundering Iraq | Letters Read more Abadi has placed much of his political stock on his reform drive, which he sees as essential to holding the country together.
(12) But on Wednesday morning the eyes of the Russian elite – from ministers to Kremlin critics – will be on an unassuming courthouse in the centre of this city, where Alexey Navalny, Vladimir Putin's loudest foe, will go on trial charged with embezzlement.
(13) The charges relate to alleged embezzlement by her husband, Iñaki Urdangarin.
(14) At a press conference on Thursday, the Ivorian state prosecutor Simplice Kouadia Koffi said the couple were accused of "aggravated theft, attacks on the national economy, embezzlement of public funds and pillage".
(15) I will continue to represent the interests of people who want Russia to be a normal, honest, not corrupt country.” In a trial widely seen as a means of silencing him, Navalny was convicted of embezzlement from a state timber company in Kirov in 2013, but he was allowed to run for mayor of Moscow while he appealed against the ruling.
(16) A judge in the provincial city of Kirov, 500 miles north-east of Moscow, found Navalny guilty of embezzling 16m roubles (£300,000) from a timber firm while advising the region's liberal governor in 2009.
(17) 7.27pm BST EU foreign ministers meeting in Luxembourg agreed to add four names to the list of people whose assets in the European Union have been blocked for allegedly embezzling Ukrainian state property under fugitive pro-Moscow president Viktor Yanukovych, the Associated Press reports: The new names, which brought the total to 22, including Yanukovych himself, are to be made public Tuesday.
(18) Khodorkovsky, 47, an oil tycoon who was arrested in 2003 and sentenced to eight years in jail for fraud two years later, will appear in court in Moscow today to hear the verdict in his second trial on embezzlement charges.
(19) According to state media, Ji Jianye is being investigated for "severe violations of discipline and law" – a euphemism for embezzlement, bribery and other official abuses.
(20) He has been convicted on politically motivated embezzlement charges that have been described as "bizarre" and is not due for release until 2023.