Definition Embezzlement

English vocabulary and translations (See all our English vocabulary translation)

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Definition

embezzlement (of funds): pilfering, theft, illegal taking (of funds)
noun
Pronunciation examples
UK: As the firm's accountant, Steve embezzled $20,000 in two years.
US: One method of embezzlement is to under-report income, and pocket the difference.

Examples

  • "MiniTeleCom declares bankruptcy and finally, US senator Robert Roberts resigns following charges of embezzlement."

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