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Defalcation   Listen
noun
Defalcation  n.  
1.
A lopping off; a diminution; abatement; deficit. Specifically: Reduction of a claim by deducting a counterclaim; set- off.
2.
That which is lopped off, diminished, or abated.
3.
An abstraction of money, etc., by an officer or agent having it in trust; an embezzlement.






Collaborative International Dictionary of English 0.48








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"Defalcation" Quotes from Famous Books



... a new leaf. Dick, the man I am to marry knows my life from beginning to end. He is a good fellow—a stranger here, and well-to-do. My brother sent him to me with a letter of introduction. He has had trouble. He was suspected of serious defalcation, and the citizens of his native town turned against him. All his old ties are cut. He likes me, and I like him. I shall make him a true wife, and he knows it. I am going to my brother in Texas and will be married out there. Dick, I shall, perhaps, never see you again, but, ...
— The Desired Woman • Will N. Harben

... had facilitated the negotiation of this loan in the first instance; and now, in fulfilment of the promise of Governmental support in an emergency, an official cablegram was launched upon Peking, with intimations that continued defalcation might have a most serious effect upon the financial and political rating of the Chinese Republic. In the meantime, the American bankers of the new international consortium had offered to advance ...
— The Problem of China • Bertrand Russell

... saving. But Kathleen—there was what gave him pause. As he turned to the window and looked out over the square he shuddered. He thought of the exchange of documents he had made with her that day, and he had a sense of satisfaction. This defalcation of Billy's would cripple him, for money had flown these last few years. He had had heavy losses, and he had dug deep into his capital. Down past the square ran a cool avenue of beeches to the water, and he could see ...
— The Judgment House • Gilbert Parker

... "No; I can't" afford it." Many have not the moral courage to adopt this course. They consider only their selfish gratification. They are unable to practise self-denial. They yield, give way, and "enjoy themselves." The end is often defalcation, fraud, and ruin. What is the verdict of society in such cases? "The man has been living beyond his means." Of those who may have been entertained by him, not one of them will thank him, not one of them will pity him, not one ...
— Thrift • Samuel Smiles

... allowance; our water had also failed, and several casks which we had calculated upon being full were found to be so bad that the water was perfectly useless; these casks were made in Sydney, and proved-like our bread casks-to have been made from the staves of salt provision casks: besides this defalcation, several puncheons were found empty, and it was, therefore, doubly necessary that we should resort to Timor without ...
— The History of Australian Exploration from 1788 to 1888 • Ernest Favenc



Words linked to "Defalcation" :   larceny, sum, thieving, peculation, misapplication, raid, misappropriation, sum of money, plunderage, stealing, embezzlement, theft, amount, defalcate



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