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defalcate

de·fal·cate

defalcate

 
pronunciation:
dih fael keIt [or] dih fawl keIt
part of speech: intransitive verb
inflections: defalcated, defalcates, defalcating
definition: to misappropriate funds; embezzle.
similar words:
appropriate, embezzle, misappropriate
derivation: defalcator (n.)