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English definition of “siphon sth off”

siphon sth off

(also syphon sth off)
verb [T usually + adv/prep] uk phrasal verb with siphon (also syphon)   /ˈsaɪ.fən/ us  
to dishonestly take money from an organization or other supply, and use it for a purpose for which it was not intended: He lost his job when it was discovered that he had been siphoning off money from the company for his own use.Fraud and corruption
(Definition of siphon sth off from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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