This word is acceptable for play in the US & UK dictionaries that are being used in the following games:

• Lexulous
• Wordscraper
• Wordosaur

n. The act of cancelling part of a claim by deducting a smaller claim which the claimant owes to the defendant.

n. embezzlement

n. A lopping off; a diminution; abatement; deficit. Specifically: Reduction of a claim by deducting a counterclaim; set- off.

n. That which is lopped off, diminished, or abated.

n. An abstraction of money, etc., by an officer or agent having it in trust; an embezzlement.

n. The act of cutting off or deducting a part; abatement; curtailment; specifically, in law, the reduction of a claim or demand on contract by the amount of a counter-claim.

n. That which is cut off; deficit.

n. A deficiency through breach of trust by one who has the management or charge of funds belonging to others; a fraudulent deficiency in money matters.

n. the sum of money that is misappropriated

n. the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else

"The amount of the defalcation is variously estimated at from two and a half to five millions, involving in losses several bankers and brokers."

amount    sum of money    amount of money    sum   

falcate    defalcate   

diminution    abatement    embezzlement   

misappropriation    subornation    jobbery    cronyism    thievery    malfeasance    politicization    embezzlement    venality    thievishness