peculate

To embezzle (funds) or engage in embezzlement.

Peculation.

To appropriate to one′ s own use money or goods intrusted to one′ s care; embezzle; pilfer; steal: originally, as in the Roman law, denoting embezzlement of moneys of the state.

To appropriate to one’s own use the property of the public; to steal public moneys intrusted to one’s care; to embezzle.

To embezzle

appropriate (as property entrusted to one’s care) fraudulently to one’s own use