Meaning & use
Malversation
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Corrupt behavior, especially misconduct or fraud, by someone in a position of public trust.
See it in a sentence
The official was removed from office after an investigation revealed years of malversation.
Historians point to widespread malversation as one cause of the empire's decline.
A note on using this word
From French, ultimately from Latin roots meaning 'to turn badly'; it's a formal, somewhat old-fashioned term still used in legal and historical writing.
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