The act of stealing money from an employer is called?

The act of stealing money from an employer is referred to as embezzlement. This term specifically describes a situation in which an individual misappropriates funds that they have been entrusted to manage or oversee. Embezzlement occurs when someone in a position of trust, such as an employee or a manager, converts the employer's money or property for their own personal use without permission.

Understanding embezzlement is crucial in a healthcare setting, as it can significantly impact the financial health of an organization and lead to legal consequences. This differs from malpractice, which refers to professional negligence resulting in harm to patients. Liability generally pertains to the responsibility for wrongful acts, while negligence involves a failure to act with the care that a reasonably prudent person would exercise. Thus, embezzlement is distinct in that it involves the intentional act of theft rather than a failure to perform duty or care.