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It is a mindset, a behavior, a tendency, or attitude towards the improper, dishonest, premeditated, or deliberate and malicious misuse, misappropriation, mismanagement, or wasteful spending of public funds or any public ownership, in total defiance to ethics, and morality. It is a culture of institutionalized wasteful spending, or malicious, illegal, and unlawful mal appropriation of funds, whether public or private, or an act geared towards depriving certain people of their birth rights to their nation's economic wealth.

For example, the use of luxurious vehicles by government officials of a country just emerging from a long devastating civil war, while the impoverished, powerless are abandoned to themselves into a web of all socio-economic ills of all sorts, instead of trading luxury for necessarily at such critical moment in Liberian history.
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