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.
Source: wiktionary
It misdesigned goods, adversely selected technologies, misallocated and misremunerated factors of production, encouraged work to rule, underproduced, misdistributed outputs and was subject to a myriad of moral hazards.
Source: wiktionary
Despite Japan's well deserved reputation for high quality export products, its economic system misallocates factors, under-produces, overworks, misdistributes and mistransfers goods and services.
Source: wiktionary