Defalcation in a sentence as a noun

Of course NZ has problems of overruns, collusion, defalcation, bribery, and corruption. Yet somehow they seem to be becoming less common...

Defalcation definitions

noun

the sum of money that is misappropriated

noun

the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else

See also: embezzlement peculation misapplication misappropriation