embezzlement

(redirected from Conversion of Property)
Also found in: Dictionary, Legal, Encyclopedia, Wikipedia.
  • noun

Synonyms for embezzlement

Synonyms for embezzlement

the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else

References in periodicals archive ?
Severance damages pose an interesting problem under [section] 1033 because they technically do not represent the involuntary conversion of property into "similar property" or "money," which is the type of gain to which [section] 1033 expressly applies.
THE Government's decision to aid the conversion of property from commercial to residential use, aims to boost housing supply levels, but estate agents are warning that little is known about this type of renovation.
Enoch Hutchcraft and Monica Hutchcraft: Plaintiff alleges assault and battery, wrongful conversion of property, monetary damages, per se defamation of character by libel.
10-12 Bridge Street, Barford: conversion of property into three homes, construction of new pitched roof to rear and parking area.
620, 381 F2d 389 (1967), as standing for the principle that an involuntary conversion of property occurs when the property is made useless for the purpose it was intended, even though it is not physically destroyed.
7 million of reimbursement for business interruption in the calculation of cost of goods sold and a gain on the involuntary conversion of property and equipment of $369,000 resulting from the reimbursement for equipment damages of $.
MMLP calculates Adjusted EBITDA as follows: EBITDA (as defined above), plus distribution in-kind from equity investments (as reported in its Consolidated Statements of Cash Flows), plus distributions from unconsolidated entities (as reported in its Consolidated Statements of Cash Flows), plus return of investments from unconsolidated entities (as reported in its Consolidated Statements of Cash Flows), less non-cash mark-to-market on derivatives (as reported in its Consolidated Statements of Cash Flows), less gain on disposition or sale of property, plant and equipment (as reported in its Consolidated Statements of Cash Flows), less gain on involuntary conversion of property, plant and equipment (as reported in its Consolidated Statements of Cash Flows).
At last month's settlement hearing, Lane County Circuit Court Judge Lyle Velure rejected two of New Hope's three claims for damages - for trespassing and wrongful conversion of property - but said a third claim alleging negligence could go forward.