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Verb: misspend (misspent)  ,mis'spend
  1. Spend time badly or unwisely
    "He misspent his youth"
     
  2. Spend (money or other resources) unwisely
    "He misspent his inheritance on gambling"; "The company misspent its research budget on unnecessary equipment"

Derived forms: misspent, misspends, misspending

Type of: drop, expend, spend