mis·al·lo·cate

[mis-al-uh-keyt]
verb (used with object), mis·al·lo·cat·ed, mis·al·lo·cat·ing.
to allocate mistakenly or improperly: to misallocate resources.

Origin:
mis-1 + allocate

mis·al·lo·ca·tion, noun
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Based on the Random House Dictionary, © Random House, Inc. 2013.
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Misallocate is always a great word to know.
So is quincunx. Does it mean:
an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle.
a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison.
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Example sentences
Indeed, the favorable treatment of capital gains plays a role in many tax shelters that misallocate investment.
Governments do not need any more money, and they misallocate much of what they already take from us.
But so badly did it manage risk and misallocate capital that our payments mechanism was in danger of collapse.
Excessive and ill-conceived pay encourages chief executives to overreach and misallocate resources.
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