divert funds; misappropriate
Meanings
2 senses · 6 examplesverb
to divert funds; to shift funds from one designated use to another
Often used in contexts like budgeting, finance, or project management, where earmarked funds are redirected.
This fund is for education and must not be diverted for any other purpose.
The manager diverted some of the project funds to pay for emergency expenses.
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The contract stipulates that funds are earmarked for specific purposes and their diversion is prohibited.
verb
to misappropriate; to embezzle; to use public money for private purposes
Typically refers to the illegal or unauthorized use of public or company funds, often for personal gain. This sense implies misconduct or crime.
He was sentenced to ten years in prison for misappropriating public funds.
That accountant was found to have embezzled the company's money to speculate on stocks.
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Misappropriating poverty alleviation funds is a serious criminal act.