Embezzlement meaning

The illegal taking of property under one’s care, particularly property to which one has a public trust or fiduciary duty.
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(legal term) The fraudulent taking of another person’s property with which one has been entrusted. As a case in point, if the owner of a car loaned it to a friend, and the friend took off with the car, the friend has embezzled the car. LegalDefinitions.com. Embezzlement. [Online, 2004.] Legal Definitions.com Website. http://www.legal-definitions.com/embezzlement.htm.
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(law, business) The fraudulent conversion of property from a property owner.
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Origin of embezzlement