misappropriate

/ˌmɪsəˈproʊpriˌeɪt/
verb
  1. To dishonestly take or use money or property that belongs to someone else, especially when you were trusted to manage it.
    • The accountant was fired after being found to misappropriate thousands of dollars from the business.
    • The treasurer was caught trying to misappropriate funds from the charity.
    • It is illegal for a company director to misappropriate shareholder money for personal use.
Antonyms