1. Noun
A lopping off; a diminution; abatement; deficit. Specifically: Reduction of a claim by deducting a counterclaim; set- off.
2. Noun
That which is lopped off, diminished, or abated.
3. Noun
An abstraction of money, etc., by an officer or agent having it in trust; an embezzlement.
4. Noun
the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else
Vocabulary classified under Law
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