Defalcation Meaning: Legal Definition and Examples Defalcation is a specific legal term for fiduciary misconduct that can survive bankruptcy and carry serious civil and criminal consequences Defalcation is the misuse or mismanagement of money or property by someone who holds a position of trust over those assets
Defalcation - Wikipedia In financial and legal usage, defalcation may involve misappropriation of funds by a person entrusted with their charge; also, the act of misappropriation, or an instance thereof A common example of defalcation would be skimming
DEFALCATION Definition Meaning | Dictionary. com DEFALCATION definition: misappropriation of money or funds held by an official, trustee, or other fiduciary See examples of defalcation used in a sentence
Defalcation: What it Means, How it Works, Types - Investopedia The term defalcation primarily refers to an act committed by professionals who are in charge of handling money or other resources This typically entails the theft, misuse, or misappropriation of
defalcation | Wex | US Law | LII Legal Information Institute Defalcation refers to someone who has legally required financial duties and misuses or misappropriates funds Defalcation often can constitute fraud, but defalcation can also be unintentional
defalcation - Wiktionary, the free dictionary defalcation (countable and uncountable, plural defalcations) (law) The act of cancelling part of a claim by deducting a smaller claim which the claimant owes to the defendant