- the amount embezzled
Origin of defalcationMedieval Latin defalcatio: see defalcate
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”).
Surface analysis is defalcate + -tion (“the act of”).
defalcation - Legal Definition