n. The wrongful appropriation or embezzlement of shared or public property, usually by a person entrusted with the guardianship of that property.
the GNU version of the Collaborative International Dictionary of English
n. The act or practice of peculating, or of defrauding the public by appropriating to one's own use the money or goods intrusted to one's care for management or disbursement; embezzlement.
The Century Dictionary and Cyclopedia
n. The act of peculating; the crime of appropriating to one's own use money or goods intrusted to one's care; embezzlement; defalcation.
WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
n. the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else
Word Usage
"S peculation is rampant that Bush is preparing to nominate Sam Alito of the U.S."