malversate

/ˈmælvərˌseɪt/
verb
  1. To misuse or embezzle money or property that one is trusted to manage, especially public funds.
    • Officials who malversate taxpayer money often face severe legal consequences.
    • The treasurer was caught trying to malversate funds from the charity account.
    • It is a serious crime to malversate resources entrusted to you by the community.
What does "malversate" mean? | whatsthatwordmean | whatsthatwordmean