Definition of "improvidence" [im•prov•i•dence]

• The quality of being improvident; want of foresight or thrift. (noun)

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• "But, unfortunately, that improvidence which is so remarkable in their kindred tribes is also with them proof against the repeated lessons of bitter experience they are doomed to endure."
• "(the virtue whose opposite is "improvidence" or being a spendthrift) as not real virtues at all because they benefit only their possessor."
• "Bank of America declined to comment on specifics of the case but pointed to a court filing in which the bank argued that "a lender has no duty to investigate or disclose the improvidence of a debtor's proposed investment.""