The act of dishonestly withholding assets for the purpose of stealing them, by one or more persons to whom the assets were entrusted, either to be held or to be used for specific purposes. It is a type of financial fraud and is usually a premeditated crime performed methodically, with the embezzler taking precautions to conceal his or her activities, because it is occurring without the knowledge or consent of the affected person.

The process of calculating how much money compensation a court should award a party following a breach of contract, personal injury or other monetary claim.