MISAPPROPRIATON Definition

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MISAPPROPRIATON is a nonviolent criminal taking of property. Includes embezzlement, theft, and fraud. Often applied to an employee's taking of an employer's property.

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EXECUTE is to carry out an internal control procedure, such as to sign and mail a check after inspecting supporting documents.

MERGER is the union of two or more commercial interests or corporations. The distinction being that identity of the merged companies, product lines, etc., may or may not lose its individual identity.

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