Define: Peculation

Peculation
Peculation
Quick Summary of Peculation

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

What is the dictionary definition of Peculation?
Dictionary Definition of Peculation
n. misappropriation of public (government) funds or property. The wrongful appropriation or embezzlement of shared or public property, usually by a person entrusted with the guardianship of that property.
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This glossary post was last updated: 29th March 2024.

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