Peculation


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Peculation

The unlawful appropriation, by a depositary of public funds, of the government property entrusted to the care of the depository; the fraudulent diversion to an individual's personal use of money or goods entrusted to that person's care.

peculation

n. misappropriation of public (government) funds or property. (See: misappropriation)

See: bad faith, bad repute, conversion, embezzlement, larceny, misappropriation, misusage, theft

PECULATION, civil law. The unlawful appropriation by a depositary of public funds, of the property of the government entrusted to his care, to his own use or that of others. Domat, Suppl. au Droit Public, liv. 3, tit. 5.

References in periodicals archive ?
The system of peculation, or embezzlement, was not justified by greed but by the broader issues of the constitution after the Glorious Revolution of 1688.
Mexico's subsequent revolutionary regimes accomplished almost nothing other than to deceive the people, fuel chaos, corrupt society further, and condemn the pitiable people to a decade of blood-letting, which was followed by seven decades of exploitation, peculation, embezzlement, robbery, and political impotence.
Starting with Gaston's political appointment to the post--which, Tremblay underlines, is itself a form of corruption--the interaction between the personages progressively reveals the opportunities, through mutual back-scratching and moral blackmail, for graft, peculation, and fraud available to people prepared to work the system to their financial advantage.
We have brought before you the chief of the tribe, the head of the whole tribe of eastern offenders, a captain general of iniquity, under whom all the fraud, all the peculation, all the tyranny in India are embodied, disciplined, arrayed and paid," Burke thundered in his opening speech.
S PECULATION that bus operator Stagecoach will hand over its Huddersfield services to Arriva may turn out to be just that .
The separation of the church from the state anda revolutionary army would be established, with peculation made a criminal offense punishable with prison sentences.
The rise of the state makes possible counterfeiting, smuggling, peculation and treason.
There was more at work than peculation and the seduction of young girls in Veracruz as a site of book censorship.
166) noted, the use of 'economic levers' greatly increased the opportunity for and incidence of 'bribery, corruption, peculation and speculation, and even "honest" labor, but on one's own account'.
94) Patronage and its effects constituted a pillar of the old order and what we consider currently as illicit nepotism, peculation, or bribery, was common practice in the early modern European countries and hence in the Spanish empire, from the court in Madrid down to humble alcaldes mayores in New Spain's districts.
It is significant that the single note of praise throughout Egypt is sounded by the Bosphore Egyptien [sic], the paper that openly declared its object to be the destruction of English popularity in Egypt, that ridiculed our desire to benefit the fellah, that defended the crowding of the prisons with innocent persons, that advocated solely the interests of usurers, that accuses General Gordon of assassination and peculation, and that praises Mr.
He added that the peculation may have followed the recent approach by Peter Simon, the founder of Monsoon, to buy up the remaining shares in the clothing chain that he does not already own