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LSDefine

Simple English definitions for legal terms

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A quick definition of peculator:

A peculator is someone who takes money that they are supposed to be taking care of, like if they work at a store or a bank. They use their job to take the money for themselves, even though it's not theirs. This is different from regular stealing because they have the right to access the money, but they're not supposed to take it for themselves. If they get caught, they could go to jail for up to 10 years.

A more thorough explanation:

A peculator, also known as an embezzler, is a person who steals money or other monetary benefits that were entrusted to them in their position of authority. This can include cash, vouchers, or any other form of monetary benefit that the peculator has access to but does not legally own.

Unlike theft, where the person does not have the legal right to possess the private funds or public property, the peculator has the legal right to access the money or benefits they steal. However, they use their position of trust to take advantage of the situation and steal the money for their own personal gain.

For example, a bank teller who takes money from a customer's account without their permission is a peculator. Another example is a company accountant who manipulates the financial records to steal money from the company.

According to the 18 U.S. Code § 641, a peculator can face fines or imprisonment for up to 10 years.

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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