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Aug 20, 2023 · Embezzlement refers to a form of white-collar crime in which a person or entity intentionally misappropriates the assets entrusted to them. In this type of fraud, the embezzler attains...
EMBEZZLEMENT definition: 1. the crime of secretly taking money that is in your care or that belongs to an organization or…. Learn more.
Nov 21, 2014 · Definition of Embezzlement. Noun. The theft, misappropriation, or conversion of monies placed in one’s trust, or which belong to an employer. Verb: Embezzle. Purposefully stealing, withholding, or using monies and/or assets that have been entrusted to an employee by an employer or organization; Origin
Oct 2, 2023 · Embezzlement is the misappropriation of the assets that were entrusted to someone. Embezzlement is a white-collar crime, meaning that it is typically nonviolent and involves a...
Embezzlement (from Anglo-Norman, from Old French besillier ("to torment, etc."), of unknown origin) [1] is a term commonly used for a type of financial crime, usually involving theft of money from a business or employer.
The word most often refers to theft of company or government funds that one has charge of, and embezzlement is therefore a hallmark of white-collar crime—that is, crime committed by so-called “white-collar” workers.
Jul 1, 2024 · Embezzlement, crime generally defined as the fraudulent misappropriation of goods of another by a servant, an agent, or another person to whom possession of the goods has been entrusted. The offense has no single or precise definition. Typically, embezzlement occurs when a person gains possession.
