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embezzlment

 

Definitions from the Web

Embezzlement

Embezzlement refers to the act of dishonestly appropriating or misappropriating funds or assets entrusted to one's care, often in a workplace or financial setting.

Senses:

Noun:

  1. The act of illegally taking or misappropriating funds or assets entrusted to one's care.
  2. The act of fraudulently diverting funds for personal gain from the organization one is employed by.

Usage Examples:

Noun:

1. The businessman was charged with embezzlement after he was caught stealing money from the company's accounts.

2. The treasurer's embezzlement resulted in the organization losing a significant amount of money.

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