defalcation

noun
de·​fal·​ca·​tion | \ˌdē-ˌfal-ˈkā-shən, ˌdē-ˌfȯl-, di-;ˌde-fəl-\

Definition of defalcation 

1 archaic : deduction

2 : the act or an instance of embezzling

3 : a failure to meet a promise or an expectation

Did You Know?

"The tea table shall be set forth every morning with its customary bill of fare, and without any manner of defalcation." No reference to embezzlement there! This line, from a 1712 issue of Spectator magazine, is an example of the earliest, and now archaic, sense of defalcation, which is simply defined as "curtailment." Defalcation is ultimately from the Latin word falx, meaning "sickle," and it has been a part of English since the 1400s. It was used early on of monetary cutbacks (as in "a defalcation in their wages"), and by the 1600s it was used of most any sort of financial reversal (as in "a defalcation of public revenues"). Not till the mid-1800s, however, did defalcation refer to breaches of trust that cause a financial loss, or, specifically, to embezzlement.

First Known Use of defalcation

15th century, in the meaning defined at sense 1

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Dictionary Entries near defalcation

de facto

defailance

defalcate

defalcation

defalk

defamation

defame

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The first known use of defalcation was in the 15th century

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More Definitions for defalcation

defalcation

noun
de·​fal·​ca·​tion | \ˌdē-ˌfal-ˈkā-shən, -ˌfȯl-, di-; ˌde-fəl-ˈkā-shən \

Legal Definition of defalcation 

1 : failure to account for or pay over money that has been entrusted to one's care also : an instance of such failure — compare embezzle, misappropriate

Note: Defalcation does not necessarily involve culpability or misconduct.

2 : a failure to meet a promise or expectation the school committee's defalcations did not end with its refusal to submit a desegregation plan— S. L. Lynch

History and Etymology for defalcation

earlier, deduction, lessening, shortcoming, from Medieval Latin defalcatio discounting of debt, from defalcare to cut down, deduct, from Latin de- away from + falc-, falx sickle

More from Merriam-Webster on defalcation

Nglish: Translation of defalcation for Spanish Speakers

Britannica English: Translation of defalcation for Arabic Speakers

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