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  • verb

Synonyms for defalcate

appropriate (as property entrusted to one's care) fraudulently to one's own use

References in periodicals archive ?
In 1939, Statement on Auditing Procedure 1, Extensions of Auditing Procedure, stated that examinations related to the issuance of an opinion "is not designed and cannot be relied upon to disclose defalcations.
Real estate lawyer defalcations are a serious problem in Florida.
As such, while they may be large in size, many practical business controls may not be in place to prevent or detect common defalcations.
While we often do not know the reason for an attorney's dishonesty, regardless of the reason, defalcations by attorneys profoundly damage the public trust in members of the Bar and the legal system.
It covers a multitude of sins and crimes, including such things as defalcations, bribes, embezzlements and such.
WHILE our attention is presently focussed on the scandal of MPs' financial defalcations, let us not forget their other sins.
Recently, title insurance companies reportedly experienced increases in the number and severity of agent defalcations.
W]hile arguably the immediate cause of the damage was indeed 'floodwaters,' the causation for such floodwaters' force and breadth [is] alleged to have been the defalcations of the government with respect to the MRGO," Duval wrote in his opinion.
These trends have also inflated the nominal sanctions associated with corporate governance defalcations, by applying criminal sanctions to behavior that traditionally would have brought only exposure to civil suits.
Villiers soon came under attack by the Attorney-General of Manitoba, being accused of "irregularities and defalcations connected with his discharge of the duties of his office.
Focus on the results of management's investigation and follow-up procedures related to fraudulent acts, defalcations and accounting irregularities.
In addition, defalcations perpetrated by employees are in many cases immaterial.
Not coincidentally, insurance companies providing crime coverage for a corporation or partnership are willing to take on the risk of defalcations by employees.
Also, internal defalcations are often the responsibility of the internal audit section, and commercial loan fraud is the concern of the commercial loan department.