Definition of "mis-sold" [mis-sold]

• Simple past tense and past participle of mis-sell. (verb)

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• "Of the remainder, some £5bn is one-off items – such as the near-£1bn provision for mis-sold payment protection insurance, and £2.9bn of restructuring charges and other losses on sovereign debt."
• "The US Federal Housing Finance Agency filed lawsuits against 17 banks on Friday, including HSBC, Barclays and Royal Bank of Scotland, claiming they mis-sold the sub-prime investments."
• "In terms of sectors, banks suffered the brunt of the selling, led lower by Banco Santander, which fell 3.2% after reporting a 38% drop in second-quarter net profit, as the company put aside €620 million to cover potential claims for customers in the U.K. who were mis-sold payment-protection insurance policies."