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n. The embezzlement of goods on shipboard.

n. The embezzlement of goods on shipboard.

n. In maritime law, the embezzlement of goods on board a ship.

n. the act of plundering (especially the embezzlement of goods on shipboard)

"This is with the view of saving lighterage and plunderage, and bringing the great mass of commerce so much nearer to the heart of the City."

peculation    misapplication    embezzlement    misappropriation    defalcation