early 15c., "make away with money or property of another, steal," from Anglo-French enbesiler "to steal, cause to disappear" (c. 1300), from Old French em- (see en- (1)) + besillier "torment, destroy, gouge," which is of unknown origin. Sense of "dispose of fraudulently to one's own use," is first recorded 1580s. Related: Embezzled; embezzling.