defalcation

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Pronunciation

• (British) IPA: [ˌdɛfəɫˈkeɪʃən]

Noun

defalcation

1. (legal) The act of cancelling part of a claim by deducting a smaller claim which the claimant owes to the defendant.
2. embezzlement

Related terms

• defalcate
• falcate

Translations

• Spanish: desfalco

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