malversation

mal·ver·sa·tion

[mal-ver-sey-shuhn]
noun Chiefly Law.
improper or corrupt behavior in office, especially in public office.

Origin:
1540–50; < Middle French, equivalent to malvers(er) to embezzle (< Latin male versārī to behave badly, equivalent to male badly (see mal-) + versārī to behave, conduct oneself, passive (in middle sense) of versāre to turn; see versatile) + -ation -ation

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World English Dictionary
malversation (ˌmælvɜːˈseɪʃən) [Click for IPA pronunciation guide]
 
n
rare professional or public misconduct
 
[C16: from French, from malverser to behave badly, from Latin male versārī]

Collins English Dictionary - Complete & Unabridged 10th Edition
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00:10
Malversation is always a great word to know.
So is callithumpian. Does it mean:
a chattering or flighty, light-headed person.
a children's mummer's parade, as on the Fourth of July, with prizes for the best costumes.
Etymonline
Word Origin & History

malversation
"professional or official corruption," 1549, from Fr., from malverser, from L. male versari, from male "wrongly, ill" (see mal-) + versari "to behave, conduct oneself," passive freq. of vertere, to turn (see versus).
Online Etymology Dictionary, © 2010 Douglas Harper
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