Dictionary
defalcation
noun de·fal·ca·tion \ˌdē-ˌfal-ˈkā-shən, ˌdē-ˌfȯl-, di-; ˌde-fəl-\
Definition of DEFALCATION
1
archaic : deduction
2
: the act or an instance of embezzling
3
: a failure to meet a promise or an expectation
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First Known Use of DEFALCATION
15th century
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