appropriation
noun [ C or U ]
uk/əˌprəʊpriˈeɪʃən/ us FINANCE (also capital appropriation)
a sum of money to be used for a particular purpose:
an appropriation of $1 million/€5000/£20,000, etc. Campus leaders are seeking an emergency appropriation of roughly $25 million, mostly for repairs to neglected buildings.
an appropriation for sth New appropriations for the military would grow only modestly.
the act of taking something that belongs to someone else:
The demonstrators called on the government to speed up the appropriation of land from large estate owners and hand it over to the poor.
The Securities and Futures Authority yesterday expelled a former director of the brokerage for "dishonest appropriation of client assets".
Compare
misappropriation