misapplication.of funds

misapplication.of funds
The conversion of funds. As a specific offense, the conversion by a bank officer of funds of the bank to the use of the officer or a third person, something beyond a mere act of official administration. 10 Am J2d Banks § 224. See misappropriation of funds.

Ballentine's law dictionary. . 1998.

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  • misapplication — UK US /ˌmɪsæplɪˈkeɪʃən/ noun [C or U] FORMAL LAW ► the use of something in a way that is illegal or wrong: the misapplication of sth »the misapplication of bank funds by an employee …   Financial and business terms

  • misapplication — Improper, illegal, wrongful, or corrupt use of application of funds, property, etc. See also misappropriation …   Black's law dictionary

  • misapplication — Improper, illegal, wrongful, or corrupt use of application of funds, property, etc. See also misappropriation …   Black's law dictionary

  • misapplication — noun 1. wrong use or application • Derivationally related forms: ↑misapply • Hypernyms: ↑application, ↑practical application 2. the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else • Syn: ↑ …   Useful english dictionary

  • misappropriation of funds — An abstraction of cash, or a source of cash. 50 Am J1st Suret § 336. The failure of a person to account for or return a fund committed to him for a specific purpose. Anno: 17 ALR2d 1021. The word is held not to apply to the payment of an… …   Ballentine's law dictionary

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  • ЗЛОУПОТРЕБЛЕНИЯ МАТЕРИАЛЬНЫЕ — MISAPPLICATION OF FUNDSСм. ПРЕСТУПЛЕНИЕ; ПРЕСТУПЛЕНИЯ УГОЛОВНЫЕ …   Энциклопедия банковского дела и финансов

  • fund — 1 n 1: a sum of money or other resources whose principal or interest is set aside for a specific objective cli·ent security fund: a fund established by each state to compensate clients for losses suffered due to their attorneys misappropriation… …   Law dictionary

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