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Embezzlement
UK //ɪmˈbɛzlmənt//US //ɛmˈbɛzlmənt//
Definition
The act of stealing money or property entrusted to one's care.
In simple words: Stealing money that you are responsible for managing.
Examples
- The accountant was charged with embezzlement after funds went missing.
- Embezzlement can have severe legal consequences and impact many victims.
- The company suffered massive losses due to embezzlement by a trusted employee.
- Investigators uncovered embezzlement schemes involving several hundred thousand dollars.
- She was found guilty of embezzlement and sentenced to prison.
Usage notes
Used primarily in legal and financial contexts. Not common in everyday conversation.
Grammar pattern
embezzlement + of money
Memory hint
Think 'embezzler' - a person who takes money away from a company.
Collocations
- commit embezzlement
- investigate embezzlement
- report embezzlement
- suspected embezzlement
- case of embezzlement
Synonyms
- theft
- fraud
- misappropriation
- larceny
- pilfering
Common mistakes
- Confused with 'embezzle' which is the verb form.
- Mistakenly used in other contexts unrelated to theft.
- Overgeneralizing to include other forms of theft.