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squander

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squan⋅der

  [skwon-der]
Use squander in a Sentence
–verb (used with object)
1. to spend or use (money, time, etc.) extravagantly or wastefully (often fol. by away).
2. to scatter.
–noun
3. extravagant or wasteful expenditure.
Origin:
1585–95; orig. uncert.

Related forms:
squan⋅der⋅er, noun
squan⋅der⋅ing⋅ly, adverb

Synonyms:
1. waste, dissipate, lavish. See spend.

Antonyms:
1. save.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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squan·der   (skwŏn'dər)   
tr.v.   squan·dered, squan·der·ing, squan·ders

  1. To spend wastefully or extravagantly; dissipate. See Synonyms at waste.

  2. To fail to take advantage of; lose a chance for: squandered an opportunity to go to college.

  3. Obsolete To scatter.

n.  Extravagant expenditure; prodigality.

[Origin unknown.]
squan'der·er n., squan'der·ing·ly adv.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Word Origin & History

squander 
1589 (implied in squandering), "to spend recklessly or prodigiously," of unknown origin; Shakespeare used it 1593 in "Merchant of Venice" with a sense of "to be scattered over a wide area." Squander-bug, a British symbol of reckless extravagance and waste during war-time shortages, represented as a devilish insect, was introduced Jan. 1943 by the National Savings Committee. In U.S., Louis Ludlow coined squanderlust (1935) for the tendency of government bureaucracies to spend much money.
Online Etymology Dictionary, © 2001 Douglas Harper
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