Category: Definitions

embezzlement: Black’s Law Dictionary Definition:

“embezzlement, n. The fraudulent taking of personal property with which one has been entrusted, esp. as a fiduciary. • The criminal intent for embezzlement — unlike larceny and false pretenses – arises after taking possession (not before or during the taking). — Also termed defalcation; peculation. See LARCENY; FALSE PRETENSES. — embez-zle, ub. — embezzler, n.”

“embezzlement, n. The fraudulent taking of personal property with which one has been entrusted, esp. as a fiduciary. • The criminal intent for embezzlement — unlike larceny and false pretenses – arises after taking possession (not before or during the taking). — Also termed defalcation; peculation. See LARCENY; FALSE PRETENSES. — embez-zle, ub. — embezzler, n.”

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FALSE PRETENSES: Black’s Law Dictionary Definition:

“false pretenses: The crime of knowingly obtaining title to another’s personal property by misrepresenting a fact with the intent to defraud. “

FALSE PRETENSES

“false pretenses. The crime of knowingly obtaining title to another’s personal property by misrepresenting a fact with the intent to defraud. • Although unknown to English common law, false pretenses became a misdemeanor under a statute old enough to make it common law in the United States.

Modern American statutes make it either a felony or a misdemeanor, depending on the property’s value. — Also termed obtaining property by false pretenses; fraudulent pretenses. Cf. larceny by trick under LARCENY; EMBEZZLEMENT.”

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defalcation: Black’s Law Dictionary Definition:

“defalcation (dee-fal-kay-shan), n. 1. EMBEZZLE-MENT. 2. Loosely, the failure to meet an obligation; a nonfraudulent default. 3. Ar-chaic. A deduction; a setoff. …”

defalcation

“defalcation (dee-fal-kay-shan), n. 1. EMBEZZLE-MENT. 2. Loosely, the failure to meet an obligation; a nonfraudulent default. 3. Ar-chaic. A deduction; a setoff. – defalcate (di-fal-kayt or dee-), vb. – defalcator, n.”

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