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The Collaborative International Dictionary
Misspending

Misspend \Mis*spend"\, v. t. [imp. & p. p. Misspent; p. pr. & vb. n. Misspending.] To spend amiss or for wrong purposes; to squander; to waste; as, to misspend time or money.
--J. Philips.

Wiktionary
misspending

vb. (present participle of misspend English)

Usage examples of "misspending".

Harold W» Smith did not approve of off-color jokes or misspending of a penny, much less political espionage.