MLchartDataset catalogue

Defalcation

Term · Law · MLC-T-LAW-001520

The misappropriation of funds by a person in a position of trust, such as an attorney, trustee, or public official. This act involves the failure to account for money or property that has been entrusted to one's care. It is often characterized by a lack of good faith or a breach of fiduciary duty, and can lead to criminal charges.

Table 1. Record
IdentifierMLC-T-LAW-001520
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001520",
  "term": "Defalcation",
  "field": "Law",
  "definition": "The misappropriation of funds by a person in a position of trust, such as an attorney, trustee, or public official. This act involves the failure to account for money or property that has been entrusted to one's care. It is often characterized by a lack of good faith or a breach of fiduciary duty, and can lead to criminal charges.",
  "url": "https://mlchart.com/terminology/law/defalcation/"
}

Record 1,385 of 5,441 in Law terminology (MLC-0107). Request the full dataset.