Bible Dictionaries
Defalcation
Webster's Dictionary
(1):
(n.) An abstraction of money, etc., by an officer or agent having it in trust; an embezzlement.
(2):
(n.) That which is lopped off, diminished, or abated.
(3):
(n.) A lopping off; a diminution; abatement; deficit. Specifically: Reduction of a claim by deducting a counterclaim; set- off.
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Bibliography Information
Webster, Noah. Entry for 'Defalcation'. Noah Webster's American Dictionary. https://www.studylight.org/​dictionaries/​eng/​web/​d/defalcation.html. 1828.