Definitions from Wiktionary (defalcate)

▸ verb:  (intransitive) To misappropriate funds; to embezzle.
▸ verb:  (transitive, obsolete)
▸ verb:  To cut off (a part of something).
▸ verb:  To deduct or take away (a part of income, money, rents, etc.).
▸ Also see defalcate


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