miscalculation Meaning in the Cambridge English Dictionary

Meaning of “miscalculation” in the English Dictionary

"miscalculation" in Business English

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miscalculationnoun [C or U]

uk   us   /ˌmɪskælkjəˈleɪʃən/
ACCOUNTING the ​act of ​calculating an ​amount wrongly: The ​claim that the group's ​netassetvalue 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 ​badjudgement and ​business miscalculation which resulted in the ​CEO being ​fired. The ​company made abig miscalculation by ​closing down the ​retailside of the ​business.
(Definition of miscalculation from the Cambridge Business English Dictionary © Cambridge University Press)
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“miscalculation” in Business English

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