What does squandered mean?

Looking for the meaning or definition of the word squandered? Here's what it means.

Verb
  1. simple past tense and past participle of squander
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Examples
The last council became bigoted against cars and squandered vast amounts of council tax payer's money waging war on them.
How much of your time gets squandered in traffic for lack of adequate mass transit?
Think of all the good that can be done with the resources now squandered on weapons worldwide.
The Big Brother housemates have almost squandered a quarter of a mil through sheer stupidity.
An opportunity to create a classic, timeless satire was squandered by going for a cheap attempt to soften the film into a screwball comedy.
They've not only squandered their inheritance but blown their sense of chosenness, of specialness.

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