Word of the Day: July 3, 2023

embezzle

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verb | im-BEZZ-ul

What It Means

To embezzle is to steal something (usually money) that you have been entrusted with.

// The company's senior accounts manager embezzled thousands of dollars from her employer.



Examples

“In the courtroom, [courthouse dog] Ollie stands with those testifying as they take the oath to tell the truth and curls up at their feet behind the witness stand.... He comforted a woman in her 90s who had to testify against her son. He was accused of forging documents and embezzling hundreds of thousands of dollars from her over a long time.” — Diane Bell, The San Diego Union-Tribune, 13 Apr. 2023


Did You Know?

English is full of verbs that mean “to steal” (such as pilfer, rob, swipe, plunder, filch, and thieve). But when it comes to stealing property (and in this context, money is a kind of property) that has been entrusted to you, embezzle wins the prize. The word most often refers to theft of company or government funds that one has charge of, and embezzlement is therefore a hallmark of white-collar crime—that is, crime committed by so-called “white-collar” workers. In the 15th century, around the time that embezzlement entered English (the ultimate root is Anglo-French besiller “to steal, plunder”), it would have also been possible to say that such plunderers “bezzled” company cash, but bezzle is now considered obsolete.


Larger Vocabulary = More $$

Not enough people realize that it is our ability to use our language that will determine our place on the social pyramid–and that will also control, to a great extent, the amount of money we will earn during our lives. Research has shown over and over that a person’s vocabulary level is the best single predictor of occupational success (more info). Ready to reach the top? Subscribe and receive a new word daily via TXT!


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Facts & Statistics

"A person may dress in the latest fashion and present a very attractive appearance. So far, so good. But the minute he opens his mouth and begins to speak, he proclaims to the world his level on our social pyramid...Our use of our language is the one thing we can't hide."

Earl Nightingale (one of the greatest self-improvement authors of all time) conducted of a 20-year study of college graduates. "Without a single exception, those who had scored highest on the vocabulary test given in college, were in the top income group, while those who had scored the lowest were in the bottom income group."

Another study by scientist Johnson O'Connor, who gave vocabulary tests to executive and supervisory personnel in 39 large manufacturing companies:

Presidents and VPs

236 out of 272

Managers averaged

168 out of a 272

Superintendents averaged

140 out of 272

Foremen averaged

114 out of 272

Floor bosses averaged

86 out of 272

In virtually every case, vocabulary correlated with executive level and income.

In a "Reader's Digest" article titled "Words Can Work Wonders for You", author Blake Clark told a fascinating story of a salesman in his 50s who scored in the bottom 5% of a standardized vocabulary test. He worked himself into the top 45% and became a vice president of the company.

You can reach the top! We may not all be brilliant enough to be the top in our fields, but we can certainly be in the top 5%–including you.

"Let's face it, from the earliest times, the favored class of people has always been the educated class. They can make themselves recognized instantly, anywhere, by the simple expedient of speaking a few words. Our language, more than anything else, determines the extent of our knowledge.

Step out, and make something more of yourself!