• WordNet 3.6
    • n defalcation the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else
    • n defalcation the sum of money that is misappropriated
    • ***
Webster's Revised Unabridged Dictionary
    • Defalcation A lopping off; a diminution; abatement; deficit. Specifically: Reduction of a claim by deducting a counterclaim; set- off.
    • Defalcation An abstraction of money, etc., by an officer or agent having it in trust; an embezzlement.
    • Defalcation That which is lopped off, diminished, or abated.
    • ***
Century Dictionary and Cyclopedia
    • n defalcation The act of cutting off or deducting a part; abatement; curtailment; specifically, in law, the reduction of a claim or demand on contract by the amount of a counter-claim.
    • n defalcation That which is cut off; deficit.
    • n defalcation A deficiency through breach of trust by one who has the management or charge of funds belonging to others; a fraudulent deficiency in money matters.
    • ***
Chambers's Twentieth Century Dictionary
    • ns Defalcation a diminution: a misappropriation of funds entrusted to one
    • ***


Webster's Revised Unabridged Dictionary
LL. defalcatio,: cf. F. défalcation,
Chambers's Twentieth Century Dictionary
Low L. difalcāre, -ātum, to cut away—L. dis-, off, falcāre, to cut—falx, falcis, a sickle.


In literature:

We, at least, try to cover up jobs, contracts, and defalcations by professions or appearances.
"The Atlantic Monthly, Vol. 13, No. 78, April, 1864" by Various
I have not made defalcations in the necropolis!
"History Of Egypt, Chaldæa, Syria, Babylonia, and Assyria, Volume 1 (of 12)" by G. Maspero
Using the defalcation as an excuse he alleged Horatio's bad management, and wanted an immediate settlement of the firm's affairs.
"One Woman's Life" by Robert Herrick
Felix knew of his other defalcations; but Hilda was still ignorant of them.
"Cobwebs and Cables" by Hesba Stretton
These defalcations can only be repaired by care and economy.
"The Letters of Queen Victoria, Volume 1 (of 3), 1837-1843)" by Queen Victoria
Suppose, to hide his defalcations, he had shot his employer dead?
"The Daffodil Mystery" by Edgar Wallace
It appeared in evidence that the defalcation on the account for wine alone amounted to L. 1500.
"The Parables of Our Lord" by William Arnot
But don't you know about the great defalcation?
"Lippincott's Magazine, Vol. 22, September, 1878" by Various
Fowler, Isaac V., defalcation as postmaster, ii.
"A Political History of the State of New York, Volumes 1-3" by DeAlva Stanwood Alexander
The defalcations of some of the Governors caused no inconsiderable anxiety to the Sovereign.
"The Philippine Islands" by John Foreman
Evidently there had been a defalcation on rather a large scale.
"Miss Mehetabel's Son" by Thomas Bailey Aldrich
Mr. Hartley listened with an abstracted air, for his thoughts were upon the defalcation of the man before him.
"The Telegraph Boy" by Horatio Alger, Jr.
The Lord Chancellor should be made responsible for the Chancery defalcations.
"A Book About Lawyers" by John Cordy Jeaffreson
Grandall's defalcations in the bank did not appear at once.
"The Auto Boys' Mystery" by James A. Braden
To what do these defalcations amount?
"Cuba" by Arthur D. Hall
Several large defalcations in public officers have lately come to light.
"The International Monthly, Volume 3, No. 4, July, 1851" by Various
The sum was not large as defalcations go.
"Why Joan?" by Eleanor Mercein Kelly
Because of the defalcation of her lawyer, she is in financial straits.
"Dramatic Technique" by George Pierce Baker
The defalcations amounted to almost L50 in all, and he had confessed to L5, which had been found upon him.
"The Coo-ee Reciter" by Various
Bennet, Sir John, mentioned, 36; one of Bodley's executors, and a defalcator, 37.
"Annals of the Bodleian Library, Oxford, A.D. 1598-A.D. 1867" by William Dunn Macray

In news:

Chapter 7 – Nondischargeable Debt – Fraud Or Defalcation .