What is another word for waste of money?

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Contexts A purchase that is unwanted or is a financial burden Extravagance in spending or price Noun ▲ A purchase that is unwanted or is a financial burden loss liability white elephant unprofitable investment write-off money down the drain money down the toilet financial burden worthless asset expensive possession “The four-sided, four-metre-high sculpture came under fire from critics who branded it a waste of money.” Noun ▲ Extravagance in spending or price wastefulness squandering excess profligacy immoderation improvidence waste overindulgence exorbitance unthriftiness overspending unthrift misspending extravagancy unrestraint extravagance thriftlessness money down the drain money down the toilet frittering away financial irresponsibility cost-ineffective lavishness prodigality dissipation recklessness expenditure squander folly spendthrift behaviour free-spending ways lack of thrift overdoing lack of restraint unreasonableness profusion loss profuseness outrageousness preposterousness spending depletion wastage wildness frittering misuse exhaustion draining wasting consumption dissipating intemperance bounteousness wantonness abandon overspend decadence misapplication exaggeration profligateness absurdity misemployment fritter disuse abuse use utilizationUS lavishing usage utilisationUK exploitation drain expending consuming burning burning up using up blowing losing wild spending throwing away “People said it was a waste of money, that it was too extravagant for its own good, and that the construction project was incompetently managed.” Find more words! 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