What term describes the act of taking money for one's own use in violation of trust?

The term that specifically describes the act of taking money for one's own use in violation of trust is "embezzle." Embezzlement involves a person in a position of trust—the embezzler—illegally taking or misappropriating funds or property entrusted to their care for personal use. This action typically arises in contexts where there is a fiduciary relationship, such as an employee with the employer's funds.

While "misappropriate" might seem similar, it is often used more broadly and doesn't necessarily imply the violation of a fiduciary duty. The term "steal" generally refers to taking someone else's property without permission or legal right, but it is less specific about the betrayal of trust aspect. "Fraud" involves deception aimed at securing unfair or unlawful gain, but it may not always relate directly to the misappropriation of funds in the manner that embezzlement does. Therefore, embezzlement captures the essence of taking money unlawfully while being entrusted with it, making it the most accurate term in this context.