Defalcation /(?)/

De·fal·ca·tion

Defalcation

n.
  1. A lopping off; a diminution; abatement; deficit. Specifically: Reduction of a claim by deducting a counterclaim; set- off.
  2. That which is lopped off, diminished, or abated.
  3. An abstraction of money, etc., by an officer or agent having it in trust; an embezzlement.