Embezzlement (Noun)
Meaning
The fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else.
Classification
Nouns denoting acts or actions.
Examples
- The company's accountant was charged with embezzlement after it was discovered that she had been siphoning off thousands of dollars from the company's accounts.
- The former CEO was found guilty of embezzlement and sentenced to five years in prison for misusing company funds for personal gain.
- The charity's treasurer was accused of embezzlement after an audit revealed that large sums of money were missing from the organization's accounts.
- The government official was arrested on charges of embezzlement for allegedly diverting public funds into his own bank account.
- The employee was fired and charged with embezzlement after it was discovered that she had been using the company's credit card for personal expenses.