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peculate

pec·u·late [ pékyə làyt ] (past and past participle pec·u·lat·ed, present participle pec·u·lat·ing, 3rd person present singular pec·u·lates)


transitive verb 
Definition:
 
embezzle: to appropriate money or property by embezzlement or theft ( formal )

[Mid-18th century. < Latin peculat-, past participle of peculari< peculium (see peculiar)]

pec·u·la·tion [ pèkyə láysh'n ] noun
pec·u·la·tor noun
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