Defalcation meaning

dēfalkā′shən, dēfôlkā′shən
Embezzlement.
noun
0
0
The amount embezzled.
noun
0
0
The theft or misuse of funds, generally refers to improper use of money by government official or private trustee.
noun
0
0
(law) The act of cancelling part of a claim by deducting a smaller claim which the claimant owes to the defendant.
noun
0
0
noun
0
0
Advertisement

Origin of defalcation

Late 15th century, from Medieval Latin dēfalcātiōnem, accusative singular of dēfalcātiō (literally “cutting off, lopping off with a sickle”), nominalization of dēfalcō, from Latin (“off”) + falx (“sickle, scythe, pruning hook”), from which also English falcate (“sickle-shaped”).