Noun
malinvestment (countable and uncountable, plural malinvestments)
An incorrect or unwise investment.
Austrians contend that this shift is unsustainable and must eventually be reversed, and that the re-adjustment process will be more violent and disruptive the longer the putative malinvestment in capital goods industries continues. Source: Internet
If the market rate of interest offered by banks is set lower than this, business borrowing will be excessive and will be allocated to malinvestment. Source: Internet