Definition of "bezzle" in English

verb

1. (obsolete, transitive) To plunder; to lay waste to, in riot.

2. (obsolete) To drink to excess; to revel.

3. (obsolete, transitive) To squander.

noun

1. (economics) The level or proportion of financial sector activity that consists of hidden embezzlement, varying in step with the business cycle.

2. (economics) The time between when a confidence trickster has stolen money from an unsuspecting person and when that person realizes the money has been stolen.

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