Word of the Day

"Defalcation" - [this one is real] n.

1 : failure to account for or pay over money that has been entrusted to one's care; also : an instance of such failure NOTE: Defalcation does not necessarily involve culpability or misconduct.

2 : a failure to meet a promise or expectation

Source: Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.

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