Category:Defalcation

De`fal*ca"tion, n. Etym: [LL. defalcatio: cf. F. défalcation.]

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

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

3. An abstraction of money, etc., by an officer or agent