misallocation
noun
mis·al·lo·ca·tion
ˌmis-ˌa-lə-ˈkā-shən
plural misallocations
: the act or an instance of misallocating something (such as money or resources) : poor or improper allocation
misallocation of tax dollars
And there are many who would say that any interference with a free market system … inevitably results in misallocations of resources just because planners cannot be omniscient.—R. Weiss et al.
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Merriam-Webster unabridged
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