Defalcation
In financial and legal usage, defalcation may involve misappropriation of funds by a person entrusted with their charge; also, the act of misappropriation, or an instance thereof. A common example of defalcation would be skimming.
In financial and legal usage, defalcation may involve misappropriation of funds by a person entrusted with their charge; also, the act of misappropriation, or an instance thereof. A common example of defalcation would be skimming.
In financial and legal usage, defalcation may involve misappropriation of funds by a person entrusted with their charge; also, the act of misappropriation, or an instance thereof. A common example of defalcation would be skimming.
Source: Wikipedia "Defalcation" · CC BY-SA 4.0
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