Meaning & Definition of word "Spendthrift"

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    Spendthrift

    /ˈspɛndˌθrɪft/

    noun:

    • 1. A person who spends money in an extravagant, irresponsible way.
      • Example: Despite his large inheritance, John was a spendthrift and soon found himself broke.
    • 2. A person who extravagantly wastes resources.
      • Example: Her spendthrift lifestyle left her family in debt and struggling to make ends meet.
    • 3. Someone who indulges in luxurious living rather than saving money.
      • Example: The spendthrift quickly bought a sports car, thinking only of the thrill, not the cost.

    adjective:

    • 1. Characterized by spending money extravagantly.
      • Example: Their spendthrift ways led them to a financial crisis when unexpected bills arrived.
    • 2. Relating to someone or something that is wasteful with resources.
      • Example: The spendthrift habits of the organization resulted in significant losses over the years.

    Etymology

    The term 'spendthrift' is a compound word derived from 'spend' and 'thrift', originally meaning a person who spends money thoughtlessly, as 'thrift' refers to careful management of resources.

    Common Phrases and Expressions

    live beyond one's means:

    To spend more money than one can afford.

    money burns a hole in one's pocket:

    To spend money quickly due to a desire to spend.

    penny wise, pound foolish:

    To be careful with small amounts of money but wasteful with larger sums.

    Related Words

    frugal:

    Sparing or economical with regard to money or food.

    thrifty:

    Using money and other resources carefully and not wastefully.

    Slang Meanings of spendthrift

    Meaning: Moolah waster

    Example Sentence: He's such a moolah waster; he never knows when to stop spending.

    Meaning: Cash splash

    Example Sentence: After winning the lottery, she went on a cash splash that left her broke.