Definitions
- Referring to the act of stealing small items or small amounts of money from an employer or a business. - Talking about the theft of small items or goods that are not very valuable. - Describing the act of taking something without permission, especially in a sneaky or secretive way.
- Referring to the act of stealing money or property from an employer or organization. - Talking about the theft of large sums of money or valuable assets. - Describing the act of misusing funds or property that have been entrusted to one's care.
List of Similarities
- 1Both involve illegal taking of property or money.
- 2Both are forms of theft.
- 3Both can be committed by employees or trusted individuals.
- 4Both can result in legal consequences.
- 5Both involve dishonesty and breach of trust.
What is the difference?
- 1Scope: Pilferage involves small-scale theft, while embezzlement involves larger amounts of money or valuable assets.
- 2Intention: Pilferage is often opportunistic and impulsive, while embezzlement is premeditated and intentional.
- 3Position: Pilferage is often committed by lower-level employees, while embezzlement is more likely to be committed by higher-level employees or managers.
- 4Consequence: Pilferage may result in minor disciplinary action, while embezzlement can result in criminal charges and imprisonment.
- 5Duration: Pilferage may occur over a longer period of time, while embezzlement may involve a single, significant incident.
Remember this!
Pilferage and embezzlement are both forms of theft, but they differ in scope, intention, position, consequence, and duration. Pilferage refers to the theft of small items or small amounts of money, often committed by lower-level employees, while embezzlement involves the theft of larger sums of money or valuable assets, often committed by higher-level employees or managers. The consequences of embezzlement are more severe than those of pilferage, and it is considered a more serious crime.
