defalcation

  • 1défalcation — [ defalkasjɔ̃ ] n. f. • 1307; lat. médiév. defalcatio, de defalcare ♦ Action de défalquer. ⇒ décompte, déduction. Défalcation faite des frais, il vous reste tant. ● défalcation nom féminin (latin médiéval defalcatio, onis) Action de défalquer ;… …

    Encyclopédie Universelle

  • 2defalcation — de·fal·ca·tion /ˌdē ˌfal kā shən, ˌfȯl , di ; ˌde fəl kā shən/ n [earlier, deduction, lessening, shortcoming, from Medieval Latin defalcatio discounting of debt, from defalcare to cut down, deduct, from Latin de away from + falc , falx sickle] 1 …

    Law dictionary

  • 3defalcation — de‧fal‧ca‧tion [ˌdiːfælˈkeɪʆn ǁ ˌdɪːfælˈkeɪʆn, ˌdefl ] noun [uncountable] LAW when someone who has been trusted to take care of money steals it or uses it dishonestly * * * defalcation UK US /ˌdiːfælˈkeɪʃən/ noun [U] ► LAW the taking or… …

    Financial and business terms

  • 4défalcation — DÉFALCATION. s. f. Déduction, retranchement. Sur le produit de cette terre, il faut faire la défalcation des faux frais …

    Dictionnaire de l'Académie Française 1798

  • 5Defalcation — De fal*ca tion, n. [LL. defalcatio: cf. F. d[ e]falcation.] 1. A lopping off; a diminution; abatement; deficit. Specifically: Reduction of a claim by deducting a counterclaim; set off. Abbott. [1913 Webster] 2. That which is lopped off,… …

    The Collaborative International Dictionary of English

  • 6Defalcation — Defalcation, lat., Abschneiden, Abziehen, Verkürzen; Verb: defalciren …

    Herders Conversations-Lexikon

  • 7defalcation — mid 15c., from M.L. defalcationem (nom. defalcatio), from pp. stem of defalcare, from DE (Cf. de ) + L. falx, falcem sickle, scythe, pruning hook …

    Etymology dictionary

  • 8defalcation — [dē΄fal kā′shən, dē΄fôlkā′shən] n. [ML defalcatio: see DEFALCATE] 1. embezzlement 2. the amount embezzled …

    English World dictionary

  • 9Defalcation — A defalcation is an amount of funds misappropriated by a person trusted with its charge; also, the act of misappropriation, or an instance thereof. The term is more specifically used by the United States Bankruptcy Code to describe a category of… …

    Wikipedia

  • 10defalcation — Including embezzlement and misappropriation but a broader term than either. Re Butts (DC NY) 120 F 966, 970. As used in the provision of the bankruptcy act excepting debts created by defalcation from the effect of a discharge, defalcation was… …

    Ballentine's law dictionary

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