Synonyms:
embezzlement, peculation, defalcation, misapplication, misappropriation
Meaning: the fraudulent appropriation of funds or property entrusted to your care but actually owned by someone else
Synonyms:
misapplication
Meaning: wrong use or application
Usage examples
To adorn the walls of a library, and then conceal their ornamentation by expensive bookcases, is a waste, or rather a misapplication, of effects--always a sin against aesthetic principles.