Meaning of “misappropriation” in the English Dictionary

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"misappropriation" in Business English

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misappropriationnoun [ U ]

uk /ˌmɪsəˌprəʊpriˈeɪʃən/ us formal FINANCE, ACCOUNTING

the act of stealing something that you have been asked to take care of, and using it for yourself:

misappropriation of funds/money/assets He was charged with forgery and misappropriation of union assets.

(Definition of “misappropriation” from the Cambridge Business English Dictionary © Cambridge University Press)