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Is someone embezzling if they take money but repay before anyone knows it is gone?
Wiki User
∙ 15y ago
It is absolutely wrong. That is because the value of the money in the bank is more than just the value on paper. In bank language, it is the float. The embezzler is using money that belongs to someone else, hoping to be able to return it in time. Eventually, it won't be possible to do so and the "borrowing" gets out of hand.
Wiki User
∙ 15y ago
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