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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.