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3 definitions found

From: DICT.TW English-Chinese Dictionary 英漢字典

 de·fal·ca·tion /ˌdiˌfælˈkeʃən, ˌdiˌfɔl, dɪ; ˌdɛfəl-/

From: Webster's Revised Unabridged Dictionary (1913)

 De·fal·ca·tion 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.

From: WordNet (r) 2.0

      n 1: the sum of money that is misappropriated
      2: the fraudulent appropriation of funds or property entrusted
         to your care but actually owned by someone else [syn: embezzlement,
          peculation, misapplication, misappropriation]