Malversate (Verb)
Meaning
Appropriate (as property entrusted to one's care) fraudulently to one's own use; "The accountant embezzled thousands of dollars while working for the wealthy family".
Classification
Verbs of buying, selling, owning.
Examples
- The unscrupulous manager malversated company funds for years to support his opulent lifestyle.
- She malversated public donations, using the money for lavish vacations instead of charitable causes.
- He was accused of malversating client investments to cover his own debts and trading losses.
- Accused of embezzlement, the politician was suspected of malversating millions in campaign funds.
- The court found the CEO guilty of malversating corporate assets, thereby perpetuating a complex fraud scheme.