noun
- corrupt or fraudulent conduct, especially by a person in a position of trust or authority
Usage: formal; legal
Examples
- The audit revealed several malversations by the former treasurer.
- Government officials were investigated for financial malversations.
- The company’s malversations led to a major scandal.
- Legal experts testified about the malversations in the pension fund.
- The board dismissed the CEO following discoveries of serious malversations.
- Whistleblowers exposed the malversations within the charity organization.