malversatev.
/ˌmalˈvəːseɪt/, U.S. /ˌmælˈvərseɪt/ rare.
transitive. To use (funds) for purposes other than those for which they were intended, to misappropriate.
ΘΚΠ
the mind > possession > taking > stealing or theft > embezzlement or misappropriation > embezzle or misappropriate [verb (transitive)]
purloinc1475
embezzle1585
intervert1600
peculate1715
misappropriate1825
eat1849
to knock downa1854
malversate1881
1881 S. Butler Family Lett. (1962) 198 If I malversated these funds or lost them, my co-trustee might come down on the company for having regarded the order of one trustee to the disregard of a joint order.
1928 G. B. Shaw Intell. Woman's Guide Socialism 417 The public school (meaning a very exclusive private school malversating public endowments).
This entry has been updated (OED Third Edition, June 2000; most recently modified version published online March 2022).
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