inerment? innermet? enermunt?
November 1, 2013 7:44 AM Subscribe
What is the word (if any, apparently) for the misuse of a nonprofit's funds for personal uses?
posted by cmoj to writing & language (11 answers total)
I could have sworn it was something very much like "inerment," but the internet is not corroborating this at all.
More context: Say a nonprofit organization has a conference in Hawaii. It's okay for that nonprofit organization to pay for the event itself, but not for a board member's plane ticket, hotel, surfing lessons, or whatever.