defalcate
Verb
Meaning
To cut off; to take away or deduct a part of; -- used chiefly of money, accounts, rents, income, etc.
To commit defalcation; to embezzle money held in trust.
Source: Webster's dictionarySynonyms
embezzle
misappropriate
peculate
malversate
rob
appropriate
finish
abstract
crash
default
pocket
steal
fold
terminate
misuse
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Examples
The accountant embezzled thousands of dollars while working for the wealthy family