Noun: peculation ,pe-kyu'ley-shun
- The fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else
"The accountant was fired for peculation of company funds";
- embezzlement, defalcation, misapplication, misappropriation
Derived forms: peculations
Type of: larceny, stealing, theft, thievery, thieving
Encyclopedia: Peculation