noun.
The quality of being improvident; want of foresight or thrift.
WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
noun.
a lack of prudence and care by someone in the management of resources
Word Usage
"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."