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What is a peculation?

What is a peculation? Here are some definitions.

Noun
  1. (law, chiefly historical) The wrongful appropriation or embezzlement of shared or public property, usually by a person entrusted with the guardianship of that property.
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Examples
If found guilty of corruption or peculation, they are imprisoned for three years in a bagnio.
She considered herself engaged to be married to a Scotch propaganda officer who had been dismissed for peculation and gone home to sell cars.
Whether royal servants consistently made fortunes from fees and peculation seems doubtful.
They have no compunction about robbing their government by peculation, but treachery is not their mtier.
She replied that if his Highness's presents were accounted to her as peculation, she had been guilty.
Another ill effect of the exclusion would be the temptation to sordid views, to peculation, and, in some instances, to usurpation.

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