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Misappropriation of funds by a person entrusted with their care is called defalcation.
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What is deflaction?
Do you mean Defalcation... if so it is the misappropriation of money held by an official. Or, do you mean Deflection....if so it means a change in direction
Is defalcation an adjective?
No, it is a noun meaning embezzlement. The present participle of the verb to defalcate could be an adjective (defalcating).
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Total Four JPC conducted by parliament till dateFirst on Bofforce probe Second on Harsad Mehta defalcation Probethird on Ketan parikh defalcation Probeand forth one jpc has conducted but i don't know about the same.
Why do employees try to conceal defalcations?
Defalcation is another name for theft. The same reasons that any thief conceals their acts- to keep from being caught.
What has the author Eli Brown written?
Eli Brown has written: 'True account of the defalcation of the Hillsborough Bank' -- subject(s): Bank failures, Bank fraud, Hillsborough Bank 'The Decker Rat Terrier'
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