bezzle

== English == === Etymology 1 === From Middle English besilen, from Old French besiler, besillier (“to mistreat, pillage”); or shortened from English embezzle. ==== Verb ==== bezzle (third-person singular simple present bezzles, present participle bezzling, simple past and past participle bezzled) (obsolete, transitive) To plunder; to lay waste to, in riot. (obsolete) To drink to excess; to revel. (obsolete, transitive) To squander. === Etymology 2 === Coined by John Kenneth Galbraith, from embezzle. ==== Noun ==== bezzle (plural bezzles) (economics) The level or proportion of financial sector activity that consists of hidden embezzlement, varying in step with the business cycle. (economics) The time between when a confidence trickster has stolen money from an unsuspecting person and when that person realizes the money has been stolen. (economics) The difference between the short-term or current market value of an asset and its true long-term worth.