wastrel

[wey-struhl]
noun
1.
a wasteful person; spendthrift.
2.
Chiefly British.
a.
refuse; waste.
b.
a waif; abandoned child.
c.
an idler or good-for-nothing.

Origin:
1580–90; waste + -rel

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
wastrel (ˈweɪstrəl)
 
n
1.  a wasteful person; spendthrift; prodigal
2.  an idler or vagabond

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Etymonline
Word Origin & History

wastrel
"spendthrift, idler," 1847, from waste (v.) with pejorative suffix (cf. mongrel, scoundrel, doggerel).
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
His marriage with an actress estranged him from his family, and after this event his life was that of a wastrel.
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