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Misallocate

verb

Definitions

Verb
  1. 1
    To allocate incorrectly or inappropriately. transitive

    "After a two-year investigation by the city’s Department of Investigation, the two men admitted their roles in stealing or misallocating nearly $1.2 million, including an $875,000 payment to a radio network, Air America, that had been concealed from the charity’s board of directors."

Etymology

From mis- + allocate.

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