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doc Definition of defalcation
    English to English
    noun
  • the sum of money that is misappropriated
    • source: WordNet 3.0
  • the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else
    • source: WordNet 3.0
  • A lopping off; a diminution; abatement; deficit. Specifically: Reduction of a claim by deducting a counterclaim; set- off.
    • source: Webster 1913
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