How Do You Spell BEZZLE?
Pronunciation: [bˈɛzə͡l] (IPA) 
Correct spelling for the English word "Bezzle" is [bˈɛzə͡l], [bˈɛzəl], [b_ˈɛ_z_əl] (IPA phonetic alphabet).
Pronunciation: [bˈɛzə͡l] (IPA)
Correct spelling for the English word "Bezzle" is [bˈɛzə͡l], [bˈɛzəl], [b_ˈɛ_z_əl] (IPA phonetic alphabet).
"Bezzle" is a term with various interpretations and meanings, depending on the context it is used in. In economics, bezzle can refer to the concealed or hidden surplus of wealth derived from illegal or unethical activities, usually occurring during speculative periods or market bubbles. It represents the discrepancy between the perceived value of an asset or investment and its actual worth, resulting in inflated prices or artificially inflated financial statements.
Another usage of the term originates from the book "The Great Bezzle" by economist John Kenneth Galbraith, where it characterizes the collective euphoria that exists during a period of prosperity. It describes a temporary state where individuals or society as a whole are under the impression of a greater wealth and security than what truly exists. Bezzle can be seen as the illusionary surplus that arises during such times, propagating a sense of wealth and abundance.
Furthermore, bezzle can also be used more broadly to describe the unaccounted for difference between expected and actual profits or financial worth, highlighting dishonest practices, fraud, or mismanagement within a particular business or industry.
Overall, whether referring to illicit gains, collective illusions tied to economic growth, or hidden discrepancies between expected and actual profits, bezzle serves to depict the presence of deceptive activities or misleading representations in economic or financial scenarios.
The word bezzle originated from the term embezzle. The etymology of embezzle can be traced back to the Old French word embezeler, which was derived from the Vulgar Latin word imbasculare. The term imbasculare consisted of the prefix im- meaning in or into, and basculare, meaning to lower or to weigh. Over time, imbasculare evolved into embezzler in Old French, which meant to lower into one's own possession. Eventually, embezzle became the English word used to describe the act of fraudulently appropriating funds entrusted to one's care. The term bezzle is a variant spelling and pronunciation of embezzle.
