Definition of peculate in English:

peculate

Pronunciation /ˈpekyəˌlāt/ /ˈpɛkjəˌleɪt/

transitive verb

[with object]formal
  • Embezzle or steal (money, especially public funds)

    • ‘the people accused them of having peculated the public money’
    purloin, thieve, take, take for oneself, help oneself to, loot, pilfer, abscond with, run off with, appropriate, abstract, carry off, shoplift

Origin

Mid 18th century from Latin peculat- ‘embezzled’, from the verb peculari (related to peculium ‘property’).