Associations to the word «Peculation»

Wiktionary

PECULATION, noun. (legal) (chiefly historical) The wrongful appropriation or embezzlement of shared or public property, usually by a person entrusted with the guardianship of that property.

Dictionary definition

PECULATION, noun. The fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else.

Wise words

Language is a process of free creation; its laws and principles are fixed, but the manner in which the principles of generation are used is free and infinitely varied. Even the interpretation and use of words involves a process of free creation.
Noam Chomsky