1. spending resources lavishly and wastefully; - Example: "more wasteful than the squandering of time"
The Collaborative International Dictionary of English v.0.48:
Squander \Squan"der\ (skw[o^]n"d[~e]r), v. t. [imp. & p. p.
Squandered (-d[~e]rd); p. pr. & vb. n. Squandering.] [Cf.
Scot. squatter to splash water about, to scatter, to
squander, Prov. E. swatter, Dan. sqvatte, Sw. sqv[aum]tta to
squirt, sqv[aum]ttra to squander, Icel. skvetta to squirt
out, to throw out water.]
1. To scatter; to disperse. [Obs.]
Our squandered troops he rallies. --Dryden.
2. To spend lavishly or profusely; to spend prodigally or
wastefully; to use without economy or judgment; to
dissipate; as, to squander an estate.
The crime of squandering health is equal to the
Syn: To spend; expend; waste; scatter; dissipate.
WordNet (r) 3.0 (2006):
n 1: spending resources lavishly and wastefully; "more wasteful
than the squandering of time"