embezzlement

embezzlement
A statutory offense, not a common law crime; the fraudulent appropriation or conversion by an agent, an employee, a corporate officer, a trustee, a public officer, or other person acting in a fiduciary capacity or character, of money or property, the possession of which has been entrusted to him by another. 18 Am J1st Embez § 2. The word includes misappropriation of trifling sums, made with intent to restore in due time, and with ample present and prospective ability to restore. United States v Summers (DC Va) 19 F 627. In statutes imposing a double liability in damages for the "embezzlement" of property of a decedent prior to the granting of letters testamentary or letters of administration, the term means the fraudulent appropriation or concealment to one's own use of estate property in one's possession. Anno: 29 ALR2d 256.

Ballentine's law dictionary. . 1998.

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  • embezzlement — I noun appropriation, breach of trust, cheating, defalcation, fraud, fraudulent appropriation, fraudulent appropriation of money, fraudulent conversion, larceny, malversation, misappropriation, peculation, pilfering, purloining, stealing, swindle …   Law dictionary

  • Embezzlement — Em*bez zle*ment, 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 money; embezzlement of public funds by the public officer having them in charge. [1913… …   The Collaborative International Dictionary of English

  • embezzlement — 1540s, from EMBEZZLE (Cf. embezzle) + MENT (Cf. ment) …   Etymology dictionary

  • embezzlement — [n] stealing money, often from employer abstraction, appropriation, defalcation, filching, fraud, larceny, misapplication, misappropriation, misuse, peculation, pilfer age, pilfering, purloining, skimming, theft, thieving; concept 139 Ant.… …   New thesaurus

  • Embezzlement — Embezzler redirects here. For the film, see The Embezzler. Criminal law …   Wikipedia

  • embezzlement — embezzle em‧bez‧zle [ɪmˈbezl] verb [intransitive, transitive] LAW ACCOUNTING if someone embezzles money from the company or organization they work for, they steal it, perhaps over a period of time, and use it for themselves: • An American banker …   Financial and business terms

  • Embezzlement — A form of white collar crime where a person misappropriates the assets entrusted to him or her. In this type of fraud the assets are attained lawfully and the embezzler has the right to possess them, but the assets are then used for unintended… …   Investment dictionary

  • embezzlement — n. 1) to commit embezzlement 2) embezzlement from * * * [ɪm bez(ə)lmənt] to commit embezzlement embezzlement from …   Combinatory dictionary

  • embezzlement — See embezzle. * * * Crime of fraudulently appropriating property entrusted to one s care and converting it to one s own use. It occurs when a person gains possession of goods lawfully and then misappropriates them. It thus stands in contrast to… …   Universalium

  • embezzlement — [[t]ɪmbe̱z(ə)lmənt[/t]] N UNCOUNT Embezzlement is the crime of embezzling money …   English dictionary

  • embezzlement — A form of theft in which an employee dishonestly appropriates money or property given to him or her on behalf of an employer. The special offence of embezzlement ceased to exist in 1969 …   Big dictionary of business and management

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