More Case Victories. More Reviews. Jeffrey S. Diego Weiner Attorney View Profile. Yisel Villar Attorney View Profile. Businesses are legally allowed to file civil claims in trade secret appropriation cases, and they may also sue in federal court if they believe that trade secrets related to a product or service involved in interstate or foreign commerce have been misappropriated. Other assets also can be illegally used by an entrusted person.
Common business assets involved in misappropriation of assets cases include inventory and company equipment. Misappropriation is a theft crime that is defined by the specific circumstances of unlawfully stealing or misusing funds or other assets with which a person has been entrusted by the owner.
In order to better understand misappropriation, it may be helpful to compare it to some other related theft crimes. Below are three of the most common:. When you mention theft, larceny may very well be the first crime that comes to mind. Shoplifting a DVD from a retail store is an example of larceny. Many people mistake robbery to mean the same thing as larceny. Embezzlement is a type of financial fraud. In law, misappropriation is the unauthorized use of another's name, likeness, identity, property, discoveries, inventions, etc without that person's permission, resulting in harm to that person.
Another use of the word refers to intentional and illegal use of property or funds; it can particularly refer to when done by a public official. Published: 8 Jun, Embezzlement noun The fraudulent conversion of property from a property owner.
Misappropriation noun The wrongful, fraudulent or corrupt use of other's funds in one's care. Embezzlement noun The fraudulent appropriation of property by a person to whom it has been intrusted; as, the embezzlement by a clerk of his employer's money; embezzlement of public funds by the public officer having them in charge.
Misappropriation noun Wrong appropriation; wrongful use. Embezzlement noun the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else. Misappropriation noun the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else.
Embezzlement Embezzlement is the act of withholding assets for the purpose of conversion of such assets, by one or more persons to whom the assets were entrusted, either to be held or to be used for specific purposes. Misappropriation In law, misappropriation is the unauthorized use of another's name, likeness, identity, property, discoveries, inventions, etc without that person's permission, resulting in harm to that person. Popular Comparisons. Adress vs. Comming vs. Label vs. Genius vs.
PTA funds are protected by following correct financial procedures. However, these are merely signs, not proof of wrongdoing, so be discreet. Do not make any implicit, explicit, oral or written statements or accusations.
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