1. steal or misappropriate (money placed in one's trust or belonging to the organization for which one works):"she had embezzled $5,600,000 in company funds"
Word Originlate Middle English (in the sense ‘steal’): from Anglo-Norman French embesiler, from besiler in the same sense (compare with Old French besillier ‘maltreat, ravage’), of unknown ultimate origin. The current sense dates from the late 16th century.