Fund vs Defalcate - What's the difference?
fund | defalcate |
A sum or source of money.
An organization managing such money.
A money-management operation, such as a mutual fund.
A large supply of something to be drawn upon.
* Macaulay
To misappropriate funds; to embezzle.
To cut off; to take away or deduct a part of (money, rents, income, etc.).
* Burke
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As verbs the difference between fund and defalcate
is that fund is to pay for while defalcate is to misappropriate funds; to embezzle.As a noun fund
is a sum or source of money.fund
English
(wikipedia fund)Noun
(en noun)- the fund of a bank, commercial house, manufacturing corporation, etc.
- a fund for the maintenance of underprivileged students
- Several major funds were declared insolvent recently.
- He drew on his immense fund of knowledge.
- an inexhaustible fund of stories
Derived terms
(derived terms) * balanced fund * bond fund * closed-end fund * equity fund * feeder fund * fund of funds * growth fund * hedge fund * income fund * index fund * load fund * master fund * mutual fund * open-end fund * no-load fund * pension fund * stock fund * trust funddefalcate
English
(wikipedia defalcate)Verb
(en-verb)- To show what may be practicably and safely defalcated from the [the estimates].