Peculate
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To appropriate to one's own use the property of the public; tosteal public moneys intrusted to one's care; to embezzle.An oppressive, . . . rapacious, and peculating despotism. Burke.
Peculate meaning & definition 1 of Peculate.
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Embezzle or steal (money, especially public funds)
Peculate meaning & definition 2 of Peculate.