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US /ˌdiːfælˈkeɪʃən/ UK /ˌdiːfælˈkeɪʃən/
Freq #1318961

Meanings

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Thesaurus

From Medieval Latin defalcatio, 'cutting off or deduction,' from defalcare, based on Latin falx, 'sickle.' The early sense was a cutting down of an amount; the later legal sense concerns money missing through a fiduciary's misuse.

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