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defalcate
di-FAL-kayt
verb
the embezzlement of money from a trust
1896Israel ZangwillWithout PrejudiceThe man with vagabond instincts becomes an explorer, Ishmael writes social dramas, the happier son of a defalcating cashier rises to be a minister of finance, the born liar turns novelist, the man with murder in his soul hunts big game in foreign lands or settles down at home as a critic.1919Robert LyndOld and New MastersEven when he is portraying human beings, like Flora de Barrel—the daughter of the defalcating financier and wife of the ship's captain, who is the heroine of Chance—he often permits us just such glimpses of them as we get of persons hurrying round a corner.

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Entry By: CJ Cooney
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