Embezzlement Definition
Embezzlement is the fraudulent appropriation of property by a person to whom it has been entrusted. For instance, a clerk or cashier can embezzle money from his employer; a public office can embezzle funds from the treasury.
Embezzlement differs from larceny. In larceny, the perpetrator wrongfully takes property from another's possession by fraud or stealth. In embezzlement, the property is already in the wrongdoer's possession, because it is entrusted to him for some purpose not his own; in embezzling, he appropriates it for his own use.