Dictionary
de•fal•ca•tion
Pronunciation: (dē"fal-kā'shun, -fôl-), [key]—
n. Law.
1. misappropriation of money or funds held by an official, trustee, or other fiduciary.
2. the sum misappropriated.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.