defalcation
noun
                                                                                                                            
                                                            de·fal·ca·tion
                    
                                                                                                              
                                                                                                                                  ˌdē-ˌfal-ˈkā-shən  
                                                                                                                              
            ˌdē-ˌfȯl-,
                                                                                                                              di-;
                                                                                                                              ˌde-fəl-
                                                      
                                                          1
                    
                                archaic 
                                  
              
          
                                                      : deduction                                      
                
                    
2
                    
                                          
              
          
                                                      : the act or an instance of embezzling                                      
                
                    
3
                    
                                          
              
          
                                                      : a failure to meet a promise or an expectation                                      
                
                    
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  Merriam-Webster unabridged




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