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defalcationOne entry found for defalcation. Main Entry: de·fal·ca·tion Pronunciation: "dE-"fal-'kA-sh&n, "dE-"fol-, di-; "de-f&l- Function: noun 1 archaic : DEDUCTION 2 : the act or an instance of embezzling 3 : a failure to meet a promise or an expectation
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