Definition

The act of stealing or misusing funds that have been entrusted to someone, often in a financial context.

Example

The accountant was charged with defalcation after it was discovered that he had embezzled money from the company.

Conversation

Did you hear about the recent case of defalcation at the local charity?

Yeah, it's shocking! I can't believe someone would do that.

It really makes you question how trustworthy these organizations are.

Exactly, it's such a shame when trust is broken like that.

Synonyms & Antonyms

Root Explanation

Defalcation is formed from "de-" (meaning down or away) and "falcāre" (meaning to reap or cut). The term originally referred to the act of cutting down or reducing funds, particularly in a financial context, leading to the meaning of misappropriation or embezzlement of funds.

Memory Tip

Think of 'cutting down' ('falcāre') funds or resources ('de-') — that's why defalcation refers to the misappropriation of money.

Visually Confused Words