defalcator

/'di:fælkeitə/
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Thân thiện
defalcator

A defalcator embezzles funds from a company's accounts.

Definition

Noun: A person who commits defalcation; specifically, someone who violates a trust by misappropriating money or funds entrusted to them for their own use.

Usage

The term "defalcator" is a formal and legal word used to label an individual guilty of embezzlement or misappropriation of funds. It is typically used in legal, financial, and official contexts.

Examples
  • The auditor discovered that the treasurer was the defalcator who had stolen from the pension fund.
  • The company sued the defalcator for the return of the embezzled assets.
  • He was exposed as a defalcator who had been siphoning company money for years.
Advanced Usage
  • The term often implies a breach of fiduciary duty, meaning the person had a formal responsibility to manage the money properly.
  • It can be used in historical contexts to describe officials who misused public funds.
Variants and Related Words
  • Defalcation (n): The act or instance of misappropriating funds; embezzlement.
    • The defalcation was discovered during a routine financial review.
  • Defalcate (v): To misappropriate funds; to embezzle. (This verb is now rare).
    • The clerk was accused of attempting to defalcate a small sum.
Synonyms
  • Embezzler: A more common synonym for someone who steals money placed in their trust.
  • Misappropriator: A person who takes something, especially money, for an unauthorized use.
  • Peculator: A formal term for someone who embezzles public funds.
Related Phrases
  • Fiduciary breach: The violation of a legal duty of trust, often associated with the actions of a defalcator.
  • Financial malfeasance: Wrongdoing, especially by a public official, which includes defalcation.
defalcator

A defalcator embezzles funds from a company's accounts.

Noun
  1. someone who violates a trust by taking (money) for his own use

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