misuse of funds
Improper money handling
Misuse of funds is the improper or unauthorized use of money entrusted to someone's care.
The phrase appears in legal, corporate, and nonprofit contexts where someone diverts resources from their intended purpose: The treasurer was fired for misuse of funds.
It covers a range of severity from careless accounting to criminal embezzlement.
- embezzlementFraudulent taking of entrusted assets
- fraudIntentional criminal trickery
- white collar crimeNonviolent financial wrongdoing
- corruptionDishonest abuse of power
- theftUnlawful taking of property
ill-gotten gains · scandal · audit · laundering · cooking the books · creative accounting · siphoning · kickbacks · graft · skimming · diversion · breach · trust · accountability · investigation · follow the money · prosecutor · indictment
- corruptioncorruption, graft, kickbacks, bribery, bribes
- embezzlementpeculation, defalcation, misappropriation, siphoning, corporate theft
- financial fraudsecurities fraud, bank fraud, accounting fraud, defalcation, embezzler
- fiscal abusegraft, kickbacks, misappropriation, waste, bid rigging
- government ethicsethics board, ethics committee, ethics rules, ethics violation, ethics violations
- official misconductmalfeasance, ethics violation, misconduct, misfeasance, nonfeasance
misuse of fundsfiduciary responsibility
Duty to act loyally
fiscal responsibility · fiduciary duty · financial accountability · financial prudence
misuse, misused, misuses, misusing, used, uses, users, usable, useable