misappropriation


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misappropriation

n. the intentional, illegal use of the property or funds of another person for one's own use or other unauthorized purpose, particularly by a public official, a trustee of a trust, an executor or administrator of a dead person's estate, or by any person with a responsibility to care for and protect another's assets (a fiduciary duty). It is a felony (a crime punishable by a prison sentence). (See: fiduciary, embezzlement, theft, larceny)

misappropriation

noun abuse, appropriation for a dishonest use, appropriation for a wrongful use, arrogation, breach of trust, conversion, defalcation, defraudation, embezzlement, fraud, fraudulent conversion, illegal use of property, larceny, malversation, misapplication, misusage, misuse, peculation, pilferage, stealing, swindle, theft, thievery, wrongful conversion of property, wrongful use
Associated concepts: conversion, misappropriation of funds
See also: abuse, embezzlement, larceny, misapplication, misusage, misuse, plagiarism, theft
References in periodicals archive ?
The Elementary and Secondary Education Department has notified the VC and NC Nazims as the member of the PTCs and has requested public through media campaigns to identity any misappropriations in the PTC funds.
An official of the NAB KP said that the alleged misappropriations and embezzlement were made through over-payment to illegal and fake owners of land and causing more than rupees 150 million losses to provincial exchequer.
Mangi said that persons found involved in misappropriation of funds would be booked and legal action would be initiated under Anti Corruption Laws against them.
TAOS prevailed in all the company's claims against Intersil, including misappropriation of trade secrets, breach of contract, tortious interference and patent infringement.
The Lucknow bench of the HC in its order had asked the CBI to investigate the misappropriation of funds.
6) Misappropriation may extend not only to the person who has misappropriated the trade secret, but additionally to anyone who has acquired the trade secret and "who knows or has reason to know that the trade secret was acquired by improper means.
Any misappropriation of aid funds is a matter of serious concern and is deeply disturbing.
Szabolcs Barna Gaal, Kehi's chairman, said that the cases involved eight misappropriation charges and one based on suspicion of embezzlement.
what are your trade secrets and what are you doing to protect them from inadvertent or intentional misuse or misappropriation by your own employees?
Summary: A court in Algeria sentenced the former head of state energy firm Sonatrach to two years in prison on Wednesday after finding him guilty of misappropriation of public property, the official news agency reported.
Jammu, Mar 5 (ANI): There was chaos in the Jammu and Kashmir assembly on Saturday as the Opposition staged a walk out over alleged misappropriation and discriminatory allocation of funds in various assembly segments in the state.
Unlike the other forms of intellectual property (IP), federal law does not create a civil remedy for the misappropriation of a trade secret.