01 v. t. To cut off; to take away or deduct a part of; -- used chiefly of money, accounts, rents, income, etc.
imp. & p. p.
Defalcated; p. pr. & vb. n.
Defalcating
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1.
To cut off; to take away or deduct a part of; -- used chiefly of money, accounts, rents, income, etc.“To show what may be practicably and safely defalcated from them [the estimates].” — Burke.