verb to steal or misappropriate (money or property entrusted to one's care)
In legal contexts, embezzle refers to the criminal act of misappropriating funds or property entrusted to one's care.
Embezzle is often used in the field of finance to describe the act of stealing money or assets entrusted to one's care, especially by an employee.
Within the realm of corporate governance, embezzle is used to emphasize the need for transparency and accountability in handling company funds.
Embezzle is relevant in discussions of business ethics, where it highlights the importance of honesty and integrity in financial transactions.
Embezzle is a key term in fraud prevention efforts, as it underscores the risks associated with financial misconduct within organizations.
In the world of literature, a character may be portrayed as embezzling money from a company to create conflict and drama in a story.
An accountant may uncover evidence of embezzlement while auditing a company's financial records.
A lawyer may defend a client who has been accused of embezzlement and work to prove their innocence.
A CEO may be charged with embezzlement if they are found to have misappropriated funds from their company.
A banker may be involved in investigating cases of embezzlement within their financial institution.
An HR manager may be responsible for implementing policies and procedures to prevent embezzlement within a company.
A police officer may be tasked with investigating cases of embezzlement and gathering evidence for prosecution.
An auditor may be hired to conduct a thorough examination of a company's financial records to detect any signs of embezzlement.