misappropriation of funds

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 extravagant price for services or materials properly appertaining to the business of the corporation. Dean v Shingle, 198 Cal 652, 246 P 1049. See misapplication of funds.

Ballentine's law dictionary. . 1998.

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Look at other dictionaries:

  • misappropriation of funds — The wrongful taking of funds by a person to whom funds are entrusted. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

  • misappropriation of funds — index conversion (misappropria tion) Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • misappropriation — I noun abuse, appropriation for a dishonest use, appropriation for a wrongful use, arrogation, breach of trust, conversion, defalcation, defraudation, diversion, embezzlement, fraud, fraudulent conversion, illegal use of property, larceny,… …   Law dictionary

  • misappropriation — misappropriate mis‧ap‧pro‧pri‧ate [ˌmɪsəˈprəʊprieɪt ǁ ˈproʊ ] verb [transitive] LAW to dishonestly take something, especially money, that you have been trusted to keep safe, and to use it for your own advantage: • He was accused of… …   Financial and business terms

  • misappropriation — The unauthorized, improper, or unlawful use of funds or other property for purpose other than that for which intended. Misappropriation of a client s funds is any unauthorized use of client s funds entrusted to an attorney, including not only… …   Black's law dictionary

  • misappropriation — The unauthorized, improper, or unlawful use of funds or other property for purpose other than that for which intended. Misappropriation of a client s funds is any unauthorized use of client s funds entrusted to an attorney, including not only… …   Black's law dictionary

  • Misappropriation — Intellectual property law Primary rights Copyright · authors rights  …   Wikipedia

  • misappropriation — noun 1. the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else • Syn: ↑embezzlement, ↑peculation, ↑defalcation, ↑misapplication • Derivationally related forms: ↑misappropriate, ↑defalcate ( …   Useful english dictionary

  • misappropriation — noun The wrongful, fraudulent or corrupt use of others funds in ones care. Syn: embezzlement …   Wiktionary

  • misappropriation —    The intentional, illegal use of the property or funds of another person as if they are one s own or for another unauthorized purpose, particularly by a public official or a fiduciary (e.g., trustee, executor) …   Business law dictionary

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