noun
corporate embezzlement; embezzlement in the course of business
Legal term for misappropriation of funds or property by an employee or officer in the course of their duties.
彼は業務上横領の容疑で逮捕された。
He was arrested on suspicion of corporate embezzlement.
横領 is general embezzlement; 業務上横領 specifies embezzlement committed in the course of one's occupational duties.
Compound of 業務上 (in the course of business) + 横領 (embezzlement).