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- Dictionaryembezzlement/ɪmˈbɛzlm(ə)nt/
noun
- 1. theft or misappropriation of funds placed in one's trust or belonging to one's employer: "charges of fraud and embezzlement"
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- embezzlement
Theft of assets from one person or entity by another to whom the assets were entrusted
Embezzlement (from Anglo-Norman, from Old French besillier, of unknown origin) is a term commonly used for a type of financial crime, usually involving theft of money from a business or employer. It often involves a trusted individual taking advantage of their position to steal funds or assets, most commonly over a period of time. Wikipedia
