Defalcate
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To cut off; to take away or deduct a part of; -- used chieflyof money, accounts, rents, income, etc.To show what may be practicably and safely defalcated from the [theestimates]. Burke.
Defalcate meaning & definition 1 of Defalcate.
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embezzle (funds one is entrusted with)
Defalcate meaning & definition 2 of Defalcate.