squander
verb
[ ˈskwɒndə ]
• waste (something, especially money or time) in a reckless and foolish manner.
• "£100m of taxpayers' money has been squandered on administering the tax"
Similar:
waste,
misspend,
misuse,
throw away,
dissipate,
fritter away,
run through,
lose,
lavish,
spend recklessly,
spend unwisely,
make poor use of,
be prodigal with,
spend money like water,
blow,
splurge,
blue,
splash out,
Origin:
late 16th century: of unknown origin.