malversation

from WordNet (r) 3.0 (2006)

malversation
    n 1: misconduct in public office

from The Collaborative International Dictionary of English v.0.48

Malversation \Mal`ver*sa"tion\, n. [F., fr. malverser to be
   corrupt in office, fr. L. male ill + versari to move about,
   to occupy one's self, vertere to turn. See {Malice}, and
   {Verse}.]
   Evil conduct; fraudulent practices; misbehavior, corruption,
   or extortion in office.
   [1913 Webster]

from Bouvier's Law Dictionary, Revised 6th Ed (1856)

MALVERSATION, French law. This word is applied to all punishable faults 
committed in the exercise of an office, such as corruptions, exactions, 
extortions and larceny. Merl. Repert. h.t.

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