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- Dictionaryembezzlement/ɪmˈbɛzlm(ə)nt/
noun
- 1. theft or misappropriation of funds placed in one's trust or belonging to one's employer: "charges of fraud and embezzlement"
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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
EMBEZZLEMENT definition: 1. the crime of secretly taking money that is in your care or that belongs to an organization or…. Learn more.
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...
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...
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.
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.
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.
EMBEZZLEMENT Definition & Meaning | Dictionary.com. View synonyms for embezzlement. embezzlement. The stealing of money entrusted to one's care: “The treasurer of the company embezzled a million dollars.” Discover More. Example Sentences. He remains serving a three-year sentence for embezzlement that he was convicted on in May. From The Daily Beast
embezzlement - The act of illicitly taking or misusing money or assets that were entrusted to you, usually in a work or governmental context.
Definition: Embezzlement occurs when a person misuses funds or property entrusted to them for their own benefit, contrary to the owner’s intentions. Nature: It is considered a form of financial fraud and theft where the perpetrator abuses their position of trust and authority. Intent: Embezzlement involves deliberate actions to convert or use ...
