noun. The act of cutting off or deducting a part; abatement; curtailment; specifically, in law, the reduction of a claim or demand on contract by the amount of a counter-claim.

noun. That which is cut off; deficit.

noun. A deficiency through breach of trust by one who has the management or charge of funds belonging to others; a fraudulent deficiency in money matters.

noun. A lopping off; a diminution; abatement; deficit. Specifically: Reduction of a claim by deducting a counterclaim; set- off.

noun. That which is lopped off, diminished, or abated.

noun. An abstraction of money, etc., by an officer or agent having it in trust; an embezzlement.

noun. The act of cancelling part of a claim by deducting a smaller claim which the claimant owes to the defendant.

noun. embezzlement

noun. the sum of money that is misappropriated

noun. the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else

"But the government school monopolists and Democrats want you to believe that protecting waste, incompetence and defalcation is for the children!"

defalcate  falcate  

amount  amount of money  sum  sum of money  

Apollo  annulment  bribery  cronyism  doublespeak  

abatement  abuse  abuse of office  arrear  arrearage