Hypertext Webster Gateway: "malversation"
From Webster's Revised Unabridged Dictionary (1913) (web1913)
Malversation \Mal`ver*sa"tion\, n. [F., fr. malverser to be
corrupt in office, fr. L. male ill + versari to move about,
to occupy one's self, vertere to turn. See {Malice}, and
{Verse}.]
Evil conduct; fraudulent practices; misbehavior, corruption,
or extortion in office.
From WordNet (r) 1.7 (wn)
malversation
n : misconduct in public office
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