the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else 同义词：embezzlement, peculation, misapplication, misappropriation,
the sum of money that is misappropriated
A defalcation is an amount of funds misappropriated by a person trusted with its charge; also, the act of misappropriation, or an instance thereof. The term is more specifically used by the United States Bankruptcy Code to describe a category of bad acts that taint a particular debt such that it cannot be discharged in bankruptcy.
例句与用法
1.
They estimate the cashier ' s defalcation as $ 600 , 000 他们估计收银员盗用公款六十万元。
2.
The defalcation of the treasurerer of the company aroused a tremendous commotion 这间公司的出纳员盗用公款，引起极大的骚动。
3.
Because of the lack of effective financing channels , securities companies were forced to take some illicit financing acts such as defalcation of clients ’ security , illicit financing 拓宽证券公司融资渠道,从而增加证券公司资金来源和增大选择空间,对于提高证券公司市场竞争力和实现可持续发展具有重要意义。
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