peculation, n.
Taking money that is being held in trust for another; embezzlement.
(Found in Anthony Trollope's The Warden.)
Usage Example: Everyone thought Bernie Madoff was engaged in financial speculation, but not peculation.
Truant reading.
peculation, n.
Taking money that is being held in trust for another; embezzlement.
(Found in Anthony Trollope's The Warden.)
Usage Example: Everyone thought Bernie Madoff was engaged in financial speculation, but not peculation.
