Malgasto

Malgasto (Spanish, Portuguese) translates to 'waste,' 'squandering,' or 'misspending' in English. It refers to the careless or excessive expenditure of resources, whether money, time, energy, or materials, in a way that provides little or no benefit. It implies a lack of efficiency, foresight, and often, a disregard for the value of what's being spent. malgasto encompasses various forms of unproductive spending, including unnecessary purchases, the inefficient use of labor, or the loss of resources due to poor planning or negligence. It highlights an imbalance between input and outcome, where the effort or cost exceeds the value derived.

Malgasto meaning with examples

• The construction project suffered from significant malgasto. Poor planning and inadequate oversight led to materials being wasted, labor costs escalating, and delays that ultimately increased the project’s budget far beyond its initial estimate. This excessive spending on unnecessary resources highlighted poor management and a lack of effective resource allocation, undermining overall efficiency.
• After winning the lottery, the family quickly fell into malgasto. They bought expensive cars, went on lavish vacations, and indulged in excessive spending on luxury items without considering the long-term implications. Their reckless attitude and disregard for saving quickly depleted their winnings, leaving them financially vulnerable in a relatively short period.
• The company's marketing department was criticized for its malgasto. Large amounts of money were allocated to ineffective advertising campaigns, resulting in low return on investment and minimal brand recognition. The failure to analyze data, track results, or adapt strategies led to a continuous cycle of wasted funds and missed opportunities.
• The government's handling of the relief funds was marred by allegations of malgasto. Corruption and mismanagement resulted in aid being diverted away from those most in need. This resulted in criticism as resources intended to alleviate suffering and provide vital assistance were used inefficiently, or even misappropriated.