IPA: /ɛmˈbɛzəl/
KK: /ɛmˈbɛzəl/
To take money or property that has been given to you to manage, and use it for your own purposes instead of for the intended purpose.
The accountant was caught trying to embezzle funds from the company.
Past: embezzled
Past Participle: embezzled
Embezzle is formed from "em-" (a variant of "en-", meaning to cause to be in) and "besezzlen" (from Old French *besiller*, meaning to appropriate or take for oneself). The word describes the act of causing funds to be in one's possession by taking them for oneself, often illegally.
Think of 'causing to be in' ('em-') someone's possession by 'taking for oneself' ('besezzlen') — that's why embezzle means to take money or property for personal use.