- misappropriation of money or funds held by an official, trustee, or other fiduciary.
- the sum misappropriated.
Origin of defalcation
Examples from the Web for defalcation
But nothing yet concerning the defalcation and disappearance of Angelo Puma.The Crimson Tide
Robert W. Chambers
Evidently there had been a defalcation on rather a large scale.Miss Mehetabel's Son
Thomas Bailey Aldrich
The rumor of Elijah's defalcation had not disturbed Seymour seriously.The Vision of Elijah Berl
Frank Lewis Nason
And with all this there was a defalcation traceable to Hope Mills or the Eastmans.Hope Mills
Amanda M. Douglas
The steward set it on fire to conceal the defalcation in the crop.Black Diamonds
Word Origin and History for defalcation
mid-15c., from Medieval Latin defalcationem (nominative defalcatio), noun of action from past participle stem of defalcare, from de- + Latin falx, falcem "sickle, scythe, pruning hook."