"Defalcation" Pronounce,Meaning And Examples

"Defalcation" Meaning

Defalcation refers to the act of embezzling or misappropriating funds, especially in a trust or public office. It is a type of fraud where someone in a position of responsibility misuses or steals money, often for personal gain.

"Defalcation" Examples

Definition: Embezzlement or theft of money or property by a person in a position of trust.

5 Examples:

The company's accountant was accused of defalcation after millions of dollars went missing from the company's accounts.
The defalcation of funds by the charity's treasurer led to a widespread scandal and mistrust of the organization.
The school's financial records revealed a massive defalcation of funds by the former principal.
The audit uncovered a pattern of defalcation by the business's finance manager, who stole money from the company's budget.
The defalcation of public funds by corrupt government officials was a major scandal that led to widespread protests and calls for reform.