Source : Webster's Revised Unabridged Dictionary (1913)

Embezzle \Em*bez"zle\, v. t. [imp. & p. p. {Embezzled}; p. pr. &
   vb. n. {Embezzling}.] [Norm. F. embeseiller to destroy; cf.
   OF. besillier to ill treat, ravage, destroy. Cf. {Bezzle}.]
   1. To appropriate fraudulently to one's own use, as property
      intrusted to one's care; to apply to one's private uses by
      a breach of trust; as, to embezzle money held in trust.

   2. To misappropriate; to waste; to dissipate in extravagance.
      [Obs.]

            To embezzle our money in drinking or gaming.
                                                  --Sharp.

Source : WordNet®

embezzled
     adj 1: taken for your own use in violation of a trust; "the banker
            absconded with embezzled funds" [syn: {misappropriated}]
     2: taken for your own use in violation of a trust; "the
        embezzled funds amounted to millions of dollars"