EMBEZZLEMENT Definition

Bookmark and Share

EMBEZZLEMENT is the fraudulent appropriation and personal use of funds or property entrusted to that persons care but actually owned by someone else, e.g. an employee can embezzle money from his or her employer, a civil servant can embezzle funds from the treasury, or a pastor can embezzle funds from a church. See also THEFT and WHITE COLLAR CRIME.

Learn new Accounting Terms

UNRESTRICTED GRANT is a grant made to further the general purpose or work of an organization, rather than for a specific purpose or project.

TOTAL CASH FROM INVESTING shows a firms' cash inflows and outflows related to the purchase and sale of investments. Net investment cash flow equals the total cash inflows less the cash outflows from the section and can be a positive or negative number. There can be many types of investments in the investment cash flows section that affect net investment cash flow.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.