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Embezzlement - technical definition

(legal term)

The fraudulent taking of another personÂ’s property with which one has been entrusted. As a case in point, if the owner of a car loaned it to a friend, and the friend took off with the car, the friend has embezzled the car.

See Also: Fraud.

LegalDefinitions.com. Embezzlement. [Online, 2004.] Legal Definitions.com Website. http://www.legal-definitions.com/embezzlement.htm.

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