mismanage
verb (used with or without object)
to manage incompetently or dishonestly.
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
For employees on the receiving end of stock and options packages, this combination is bringing big headaches and a greater chance that they will mismanage their money.
From The Wall Street Journal ● Jul. 7, 2012