PECULATE
embezzle, defalcate, peculate, misappropriate, malversate
(verb) appropriate (as property entrusted to one’s care) fraudulently to one’s own use; “The accountant embezzled thousands of dollars while working for the wealthy family”
Source: WordNet® 3.1
Etymology
Verb
peculate (third-person singular simple present peculates, present participle peculating, simple past and past participle peculated)
To embezzle
Synonyms
• defalcate
• embezzle
• misappropriate
Source: Wiktionary
Pec"u*late, v. i. [imp. & p. p. Peculated; p. pr. & vb. n.
Peculating.] Etym: [L. peculatus, p.p. of peculari to peculate, akin
to peculium private property. See Peculiar.]
Definition: To appropriate to one's own use the property of the public; to
steal public moneys intrusted to one's care; to embezzle.
An oppressive, . . . rapacious, and peculating despotism. Burke.
Source: Webster’s Unabridged Dictionary 1913 Edition