malinvestment
Noun
Meaning
malinvestment (countable and uncountable, plural malinvestments)
An incorrect or unwise investment.
Related terms
Examples
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.
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.