Defalcation

What is Defalcation?

Defalcation definition and meaning on Dictionary terms:
noun Law.
misappropriation of money or funds held by an official, trustee, or other fiduciary.
the sum misappropriated.

RELATED WORDSflaw, weakness, failing, imperfection, dearth, paucity, deficiency, insufficiency, incapacity, shortcoming, ineffectiveness, ineptitude, inefficiency, loss, liquidation, disaster, insolvency, default, failure, lack

 

reference: https://www.dictionary.com/browse/defalcation

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