bezzle

present singular third person bezzles · participle present bezzling · participle past bezzled · past bezzled

1. obsoletetransitiveTo plunder; to lay waste to, in riot.
2. obsoleteTo drink to excess; to revel.
3. obsoletetransitiveTo squander.

plural bezzles

1. economicsThe level or proportion of financial sector activity that consists of hidden embezzlement, varying in step with the business cycle.
2. economicsThe time between when a confidence trickster has stolen money from an unsuspecting person and when that person realizes the money has been stolen.

   That word is bezzle. It describes the period in which an embezzler has stolen a man's money but the victim does not yet realize he's been swindled.

   2015 December 3, Tracy Alloway, “There's Been a Bezzle-Fueled Boom in Bonds”, in Markets, Bloomberg News, retrieved 16 Aug 2021

   1 more example

   Uber is a bezzle ("the magic interval when a confidence trickster knows he has the money he has appropriated but the victim does not yet understand that he has lost it"). Every bezzle ends.

   2021 August 10, Cory Doctorow, “End of the Line for Uber”, in Pluralistic, Cory Doctorow, retrieved 16 Aug 2021

3. economicsThe difference between the short-term or current market value of an asset and its true long-term worth.