Peculation
Term · Law · MLC-T-LAW-003684
The fraudulent appropriation of money or property entrusted to one's care, particularly public funds by a public official. This form of embezzlement involves the illegal taking of assets that the individual was authorized to manage but not to convert for personal use. Peculation is a criminal offense, and a conviction can result in imprisonment, fines, and a requirement to make restitution for the stolen funds.
| Identifier | MLC-T-LAW-003684 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-003684",
"term": "Peculation",
"field": "Law",
"definition": "The fraudulent appropriation of money or property entrusted to one's care, particularly public funds by a public official. This form of embezzlement involves the illegal taking of assets that the individual was authorized to manage but not to convert for personal use. Peculation is a criminal offense, and a conviction can result in imprisonment, fines, and a requirement to make restitution for the stolen funds.",
"url": "https://mlchart.com/terminology/law/peculation/"
}
Record 3,689 of 5,445 in Law terminology (MLC-0107). Request the full dataset.