peculate
UK: ˈpɛkjʊleɪt | US: ˈpɛkjəˌleɪt
vt. to embezzle or steal money or property entrusted to one’s care
The word peculate traces back to the Latin peculatus, meaning "embezzlement," rooted in peculium (private property). In ancient Rome, cattle (pecu) were a primary measure of wealth, and peculium referred to personal assets. Over time, the term evolved to imply misuse of entrusted funds, reflecting the shift from literal livestock to abstract financial trust.
The treasurer was arrested for attempting to peculate public funds.
Corrupt officials often peculate resources meant for community projects.
Audits revealed that the manager had peculated over $100,000 from the company.
Strict laws exist to deter individuals from peculating government grants.
The scandal involved high-ranking officers who conspired to peculate military supplies.