noun (n)

• the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else(noun.act)

  Synonym:
  defalcation, embezzlement, misapplication, misappropriation
  

  source: wordnet30
• The act or practice of peculating, or of defrauding the public by appropriating to one's own use the money or goods intrusted to one's care for management or disbursement; embezzlement.(noun)

  source: webster1913