defalcation [noun]

Definition of defalcation:

the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else

Synonyms of defalcation:

● Embezzlement

● Misapplication

● Misappropriation

● Peculation

● Shortage


Opposite/Antonyms of defalcation:

● Cost saving

● Adequacy

● Enough

● Reimbursement

● Superfluousness

● Solvency

● Ability


Sentence/Example of defalcation:

An equally unfortunate but common assumption is that CPLs cover all acts of fraud, theft and defalcation.