Terms Used In CFR > Title 42 > Chapter V > Subchapter B > Part 1001 > Subpart B - Mandatory Exclusions

• Conviction: A judgement of guilt against a criminal defendant.
• Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. ^{Source: OCC}
• Fiduciary: A trustee, executor, or administrator.
• Fraud: Intentional deception resulting in injury to another.
• Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.