misappropriation

misappropriate mis‧ap‧pro‧pri‧ate [ˌmɪsəˈprəʊprieɪt ǁ -ˈproʊ-] verb [transitive] LAW
to dishonestly take something, especially money, that you have been trusted to keep safe, and to use it for your own advantage:

• He was accused of misappropriating funds amounting to £4 million.

• Building materials had been misappropriated for private use.

— misappropriation noun [uncountable] :

• allegations of gross misappropriation of funds

* * *

misappropriation UK US /ˌmɪsəˌprəʊpriˈeɪʃən/ noun [U] FORMAL FINANCE, ACCOUNTING
the act of stealing something that you have been asked to take care of, and using it for yourself: misappropriation of funds/money/assets »

He was charged with forgery and misappropriation of union assets.

Compare APPROPRIATION(Cf. appropriation)

Financial and business terms. 2012.

Look at other dictionaries:

  • misappropriation — I noun abuse, appropriation for a dishonest use, appropriation for a wrongful use, arrogation, breach of trust, conversion, defalcation, defraudation, diversion, embezzlement, fraud, fraudulent conversion, illegal use of property, larceny,… …   Law dictionary

  • Misappropriation — Mis ap*pro pri*a tion, n. Wrong appropriation; wrongful use. [1913 Webster] …   The Collaborative International Dictionary of English

  • misappropriation — (n.) 1746; from MIS (Cf. mis ) (1) + APPROPRIATION (Cf. appropriation) …   Etymology dictionary

  • Misappropriation — Intellectual property law Primary rights Copyright · authors rights  …   Wikipedia

  • misappropriation — The unauthorized, improper, or unlawful use of funds or other property for purpose other than that for which intended. Misappropriation of a client s funds is any unauthorized use of client s funds entrusted to an attorney, including not only… …   Black's law dictionary

  • misappropriation — misappropriate ► VERB ▪ dishonestly or unfairly take for one s own use. DERIVATIVES misappropriation noun …   English terms dictionary

  • misappropriation — noun 1. the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else • Syn: ↑embezzlement, ↑peculation, ↑defalcation, ↑misapplication • Derivationally related forms: ↑misappropriate, ↑defalcate ( …   Useful english dictionary

  • misappropriation — noun see misappropriate …   New Collegiate Dictionary

  • misappropriation — See misappropriate. * * * …   Universalium

  • misappropriation — noun The wrongful, fraudulent or corrupt use of others funds in ones care. Syn: embezzlement …   Wiktionary

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