What does Embezzlement mean? Read on to discover the definition & meaning of the term Embezzlement - to help you better understand the language used in insurance policies.
Embezzlement is a crime that involves finance. It can be done by one person or a number of people collaborating together to carry out the crime. It might refer to an act of outright theft or an irresponsible and malicious fiduciary behavior.
We hope the you have a better understanding of the meaning of Embezzlement.