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Nov 21, 2014 · Embezzlement Defined and Explained with Examples. The theft, misappropriation, or conversion of money placed in one’s trust, or which belong to an employer.
Oct 2, 2023 · Embezzlement is the misappropriation of the assets that were entrusted to someone. Embezzlement is a white-collar crime, meaning that it is typically nonviolent and involves a...
EMBEZZLEMENT definition: 1. the crime of secretly taking money that is in your care or that belongs to an organization or…. Learn more.
The word most often refers to theft of company or government funds that one has charge of, and embezzlement is therefore a hallmark of white-collar crime—that is, crime committed by so-called “white-collar” workers.
Aug 20, 2023 · Embezzlement refers to a form of white-collar crime in which a person or entity intentionally misappropriates the assets entrusted to them. In this type of fraud, the embezzler...
Embezzlement (from Anglo-Norman, from Old French besillier ("to torment, etc."), of unknown origin) [1] is a term commonly used for a type of financial crime, usually involving theft of money from a business or employer.
The stealing of money entrusted to one's care: “The treasurer of the company embezzled a million dollars.” Discover More. Example Sentences. He remains serving a three-year sentence for embezzlement that he was convicted on in May. From The Daily Beast.
Jul 1, 2024 · Embezzlement, crime generally defined as the fraudulent misappropriation of goods of another by a servant, an agent, or another person to whom possession of the goods has been entrusted. The offense has no single or precise definition. Typically, embezzlement occurs when a person gains possession.
embezzlement - The act of illicitly taking or misusing money or assets that were entrusted to you, usually in a work or governmental context.
Embezzlement occurs when someone steals or misappropriates money or property from an employer, business partner, or another person who trusted the embezzler with the asset. Embezzlement is different from fraud or larceny (theft).
