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Home > QFINANCE Dictionary > Definition of misappropriation

Definition of

misappropriation

Fraud

fraudulent use of somebody else's money the illegal use of money by somebody who is not the owner but who has been trusted to look after it

misappropriation - Related Articles
  • Sound Business Judgment and Immunity from Liability

    Checklists

    The sound business judgment and immunity from liability rule is very tricky to overturn and the courts will generally not interfere unless there is incontrovertible evidence of fraud or misappropriation.

  • Protecting Your Intellectual Property—Nonregistered Rights

    Best Practice

    Calorie can sue for injury to its confidential information, infringement of its unregistered trademark and its copyright, for misappropriation of its trade dress, and can force Fancy-Free to change or close—all without the assistance of any registered intellectual property rights.
    By Jeremy Phillips

  • What Is Forensic Auditing?

    Checklists

    Forensic auditing strengthens control mechanisms, with the objective of protecting the business against financial crimes, be they potentially catastrophic one-off events that could threaten the viability of the business, or smaller-scale but repetitive misappropriations of company assets over a number

  • Creative Accounting: Auditors’ Roles in the Detection of Financial Fraud

    Best Practice

    Similarly, assets are often overvalued in an attempt to bolster the company’s financial position and net worth. Besides such overvaluation of assets, which is usually perpetrated by management, misappropriation of assets is one of the most common frauds committed against a company
    By Zuraidah Mohd-Sanusi, Yusarina Mat-Isa

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Definitions of ’misappropriation’ and meaning of ’misappropriation’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’misappropriation’ and other financial terms with our online QFINANCE Financial Dictionary.

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