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

References in periodicals archive ?

Harvinderjit: In the red notice against Jho Low, it was for (alleged) involvement in CBT and misappropriation of SRC funds?

Interpol Red Notice issued for Nik Faisal, Jho Low over SRC funds, court told

Pawelko argued in opposition to Hasbro's original motion to strike that the Court should permit her experts, Suzanne Mills-Winkler and Lynn Rosenblum, to testify about industry standards because 'Hasbro's breach of the industry standards of confidentiality is circumstantial evidence of its own misappropriation of the [Liquid Mosaic], in violation of the NDA.

Commercial - Trade secret - Disclosure

Large scale financial misappropriation was reported in Pakistani million in Bulgaria.

Pakistani missions abroad allegedly involved in financial misappropriation in 2018

This fact raises the question of the effect of internal control upon the control of misappropriation in the businesses.

The effect of internal control on asset misappropriation: The case of Vietnam

Mr Wario and Mr Keino will be charged with abuse of office over the alleged misappropriation of funds meant for the team that represented Kenya in the Rio games.

Ex-PS Ekai, 2 Nock officials charged with graft over Rio scandal

The Federal Investigation Agency (FIA) presented a report in the court which held Haqqani responsible for the misappropriation of the aforementioned embassy funds.

Court issues permanent arrest warrants for Husain Haqqani

Colombo Fort Magistrate's Court granted permission to Financial Crimes Division (FCID) to record a statement from former Central Bank Governor Ajith Nivard Cabraal and investigate his bank accounts with regard to the misappropriation of Rs 600 million.

FCID permitted to probe Ajith Nivard Cabraal's bank accounts

The former governor is connected with allegations of misappropriation worth SLK600m and the court order will allow investigating authorities to probe his bank account.

Sri Lankan court allows former central banker's accounts to be probed

LAHORE -- The Punjab government's move to provide a record amount of subsidy to consumers during Ramzan seems to have hit a roadblock as concerned authorities showed reservations over alleged misappropriation of billions of rupees due to poor monitoring.

Punjab's Ramazan subsidy plan laced with questions

As previously disclosed, several employees of Clear Media Limited, an indirect, non-wholly-owned subsidiary of Clear Channel Outdoor whose ordinary shares are listed, but are currently suspended from trading on, the Hong Kong Stock Exchange, are subject to an ongoing police investigation in China for misappropriation of funds.

Clear Channel Outdoor says China probe may lead to criminal, civil sanctions

IANS Kochi Powerful SNDP Yogam supremo Vellapally Natesan on Wednesday suffered a major setback when the Kerala High Court dismissed his plea seeking quashing of an FIR registered against him over alleged fraud and financial misappropriation in a microfinance scheme.

Kerala High Court deals blow to SNDP chief Natesan

In 2016, Business Court Judge Louis Bledsoe granted the defendants' motions to dismiss most of the claims, including the claim for misappropriation of trade secrets.