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term:
Embezzle
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embezzle vt
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em·bez·zled
em·bez·zling
[Anglo-French embeseiller to make away with, from en-, prefix stressing completion + beseller to snatch, misappropriate, from Old French, to destroy]
: to convert (property entrusted to one's care) fraudulently to one's own use compare defalcate
em·bez·zle·ment n
em·bez·zler n
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.