peculate

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peculate

to appropriate or embezzle public money.
Collins Dictionary of Law © W.J. Stewart, 2006
References in periodicals archive ?
We peculated earlier, however, that the strong export role in this industry might involve the supply of adapted variants of a centrally-created product to meet particular government regulations and health service requirements in several different market Implementing these adaptations in such a technologically sophisticated industry may then need the commitment of a dedicated R & D unit to support the production facility.
Technology sourcing and the strategic roles of manufacturing subsidiaries in the U.K.: local competences and global competitiveness
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