defalcate \di-FAL-keyt\, verb:
to steal or misuse money or property entrusted to one's care
The stockbroker defalcated millions from investment clients.
c 1540, from Latin defalcere, from de- + falx/falcem "sickle, scythe"
Word of the Day-defalcate
defalcate \di-FAL-keyt\, verb:
to steal or misuse money or property entrusted to one's care The stockbroker defalcated millions from investment clients. c 1540, from Latin defalcere, from de- + falx/falcem "sickle, scythe" 
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