n. The fraudulent appropriation of property by a person to whom it has been intrusted;
☞ Larceny denotes a taking, by fraud or stealth, from another's possession; embezzlement denotes an appropriation, by fraud or stealth, of property already in the wrongdoer's possession. In England and in most of the United States embezzlement is made indictable by statute. [ 1913 Webster ]