defalcation
de·fal·ca·tion
noun
the sum of money that is misappropriated
the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else
Origin
Late 15th century, from Medieval Latin dēfalcātiōnem, accusative singular of dēfalcātiō (literally “cutting off, lopping off with a sickle”), nominalization of dēfalcō, from Latin dē (“off”) + falx (“sickle, scythe, pruning hook”), from which also English falcate (“sickle-shaped”). By surface analysis, defalcate + -ion (“the act of”).
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WordNet 2.1 (Princeton University). Wiktionary (CC BY-SA). WordNet 2.1 Copyright Princeton University. All rights reserved. Wiktionary content is available under the Creative Commons Attribution-ShareAlike Licence.