siphon off

(redirected from siphoned off)

siphon off

1. To suck or draw off a liquid from or out of something. A noun or pronoun can be used between "siphon" and "off." The thief was caught siphoning off gas from cars parked around the city. You'll want to siphon any excess oil off from the top of the solution.
2. By extension, to take funds, especially illegally or deceitfully, from another source in small increments. A noun or pronoun can be used between "siphon" and "off." The CEO has been accused of siphoning money off from his employees' pensions funds to pay for his personal trips around the world. The sales assistant siphoned off money from the till for years before she was finally caught.
See also: off, siphon

siphon something off

 (from something)
1. Lit. to suck or draw a liquid off from something. Harry siphoned the cream off the milk. He siphoned off the cream.
2. Fig. to embezzle or steal something a little at a time. The teller had been siphoning money off for years. she siphoned off a few dollars from the collection every week or so.
See also: off, siphon

siphon off

v.
1. To draw off or convey something through or as if through a siphon: I used a tube to siphon off the excess water in the fish tank. The lawn mower ran out of gas, so we siphoned some off from the car's gas tank.
2. To appropriate some money illegally or dishonestly: The managers were siphoning off money from the foundation and putting it into secret accounts. The dictator siphoned millions of dollars off and hid the money in private bank accounts.
See also: off, siphon
References in periodicals archive ?
Summary: Mumbai (Maharashtra) [India], Mar 6 (ANI): Dewan Housing Finance Corporation Limited (DHFCL) did not promote any of the 26 shell companies which were alleged to have siphoned off nearly Rs 35,000 crore, independent audit firm T P Ostwal & Associates has said.
OD-2716, dated 19 October 2018, following the banking licence revocation, in the course of its inspection of the Bank, established evidence suggesting that the Banks executives conducted operations to either siphon off funds or conceal assets previously siphoned off by theft of funds or abuse of authority.
Judge Martin Beddoe told Abdi-Jalebi: "Of the funding dishonestly obtained you trousered 1 million pounds for yourself." He thus siphoned off more than a third of what he was given for research work.
Earlier, the Commission received allegations that Ananta Kumar Sinha siphoned off money abroad and brought a house at cost of US$ 2.8 lakh in the state of New Jersey, the USA, and accumulated wealth through illegal means.
It was not clear from the court documents if the amount siphoned off was one month's salary or had other arrears.
It is alleged that he created dummy partners and was beneficiary of funds siphoned off from Punjab National Bank, they said.
stressed that the two successive events are unrelated, and that the estimated P90 billion in liquidity that will be freed up into the financial system will immediately be siphoned off through the central bank's weekly auctions.
Commenting on allegations that $386 million spent on the Bishkek CHPP modernization were siphoned off, Isakov said he "does not know because he was not a witness."
The allegation concerned a senior official who was reported to have covertly siphoned off the ministry's funds.
At the beginning of the sitting, the defence read a letter from Vassilev, who is in Belgrade, and will be tried in absentia, as alleged leader of the criminal group, that siphoned off the 2 and a half billion.
It is said in the documents that Sharif family siphoned off money to off shore accounts from 1988 to 1991.
The court was informed that corrupt officials have siphoned off Rs 1.20 billion corruption from the WWF.
Orders be also issued for taking action against the owners of off shore companies as have been disclosed in Panama leaks and money siphoned off to off shore companies be brought back in the country, he pleaded.
Peter was grilled for 5 hours by the CBI to ascertain whether funds allegedly siphoned off from the media house founded by him and Indrani Mukerjea were parked in an overseas account of Sheena Bora which resulted in a dispute between Indrani and her daughter.
When his fish died, the boy kissed the fish, put it toilet bowl and siphoned off after being prompted by his mother.