What is the meaning of defalcation?

defalcation is the misappropriation, misuse, theft or embezzlement of funds by someone entrusted with them.

Barry Goldsmith
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APABarry Goldsmith. (2010). defalcation. Retrieved September 23, 2026, from http://smartdefine.org/defalcation/definitions/1151672
ChicagoBarry Goldsmith. 2010. "defalcation" http://smartdefine.org/defalcation/definitions/1151672 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, defalcation, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/defalcation/definitions/1151672>.
MLABarry Goldsmith. "defalcation" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/defalcation/definitions/1151672>
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