simple past tense and past participle of bezzle

Third-person singular simple present indicative form of bezzle

present participle of bezzle

(obsolete, transitive) To plunder; to lay waste to, in riot. / (obsolete) To drink to excess; to revel. / (obsolete, transitive) To squander.

(economics) The level or proportion of financial sector activity that consists of hidden embezzlement, varying in step with the business cycle.