financial recklessness
/fɪn.ənʃəl rɛk.əlnəs.nəs/ · fin.an.cial.reck.less.ness
noun
- A lack of concern for the financial consequences of one's actions, often resulting in irresponsible financial decisions. The company's financial recklessness led to a significant loss of investor confidence and a decline in stock value.
- Excessive risk-taking in financial matters, often with little regard for potential consequences. The investor's financial recklessness resulted in a substantial loss of capital, forcing him to file for bankruptcy.
Synonyms
irresponsibilityrecklessnessfinancial irresponsibilityprofligacyextravaganceprodigalityimprudencefoolhardiness
Antonyms
Did you know? The concept of financial recklessness has been a recurring theme in literature and popular culture, with notable examples including the novel 'The Great Gatsby' by F. Scott Fitzgerald and the film 'Wall Street' directed by Oliver Stone.