Defalcation - Law Dictionary Search Results
defalcation
Matched in: Term defalcation
Defalcation
Matched in: Term Defalcation
Defalcate
To cut off to take away or deduct a part of used chiefly of money accounts rents income etc
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Defalcator
A defaulter or embezzler
defalcate
defalcate -cat·ed -cat·ing : to commit defalcation compare embezzle de·fal·ca·tor [-kā-tər] n
nondischargeable debt
Some debts, such as debts for money or property obtained by false pretenses and debts for fraud or defalcation while acting in a fiduciary capacity may be declared nondischargeable only if a creditor timely files and prevails
embezzle
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
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