To many of us, such terms as theft, larceny, embezzlement, &c, are veiy much alike, though of course, they have clearly defined differences of meaning. Embezzlement is the act of a clerk or servant who receives money for his employer and appropriates it for his own use. It is a very different thing from theft, as theft is the act of taking an article already in somebody else’s possession, whilst embezzlement is diverting the article from its proper course for personal benefit. To take money out of an employer’s till is theft ; to collect a debt for him and then pocket the money is embezzlement. EMPLOYER AND EMPLOYED. —
See Master and Servant.