present participle of defalcate

(law) The act of cancelling part of a claim by deducting a smaller claim which the claimant owes to the defendant. / embezzlement

(intransitive) To misappropriate funds; to embezzle. / To cut off (a part of something). / To deduct or take away (a part of income, money, rents, etc.).

plural of defalcation

simple past tense and past participle of defalcate

Third-person singular simple present indicative form of defalcate

plural of defalcator

A defaulter or embezzler.