Definitions

1. verb

to spend money or time wastefully or to no good purpose

“He has been misspending his inheritance on lavish parties.”

2. verb

to use or employ something wastefully or to no good purpose

“The company has been misspending its resources on unprofitable ventures.”

3. noun

the act of spending money or time wastefully or to no good purpose

“The misspending of his family’s fortune was a source of great shame.”