单词 | malinvestment |
释义 | malinvestmentn. Foolish or wasteful investment, esp. by a government. ΚΠ 1936 J. K. Eastham in Rev. Econ. Stud. 4 13 The present restriction scheme is principally designed to save the tin trusts from the consequences of mal-investment of capital. 1945 Amer. Econ. Rev. 35 992 It is pretty difficult..to distinguish between the chances and consequences of mal-investment on the one hand and, on the other hand, the chances and consequences of other types of inefficiency which..it behooves business men to avoid. 1978 Business Week 16 Jan. 7 In short, easy money policies create, not real economic growth, but malinvestment and the tragedies of the boom-bust business cycle. 1991 Financial Mail 4 Jan. 11/2 Over-generous credit and monetary policies contributed to massive malinvestment. This is a new entry (OED Third Edition, June 2000; most recently modified version published online March 2022). < |
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