miscalculation
noun [ C or U ]
uk/ˌmɪskælkjəˈleɪʃən/ us ACCOUNTING
the act of calculating an amount wrongly:
The claim that the group's net asset value was $22 a share was a miscalculation.
miscalculation of sth About £265 million could be incurred in fines for miscalculation of tax.
the act of judging a situation badly:
It is a story of bad judgement and business miscalculation which resulted in the CEO being fired.
The company made a big miscalculation by closing down the retail side of the business.