spendthrift

Under various statutes, a spendthrift is a person who wastes or reduces her estate through excessive drinking, gambling, idleness, or debauchery in a manner that exposes that individual or her family to indigence or suffering or who exposes the government to expense for the support of that person or her family.

When authorized by law, a guardian can manage a spendthrift's property. The purpose of the guardianship is to protect the ward and her property from her wasteful habits. Statutes that provide for the guardianship of spendthrifts are based on the right of the government to protect the property of its citizens for the benefit of themselves and their families and the community.

See: spendthrift trust.

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For a list of words related to spendthrift, see:

Spending, Receiving, and Possessing Wealth - spendthrift: person who spends money wastefully or carelessly
Behavior or Personality

Rhymes:

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Look up spendthrift or profligate in Wiktionary, the free dictionary.

For the horse, see Spendthrift (horse).

A spendthrift (also called profligate) is someone who spends money prodigiously and who is extravagant and recklessly wasteful, often to a point where the spending climbs well beyond his or her means. The origin of the word is someone who is able to spend money acquired by the thrift of predecessors or ancestors.^{[citation needed]}

Historical examples of spendthrifts include George IV, Ludwig II, and Marie Antoinette. The term is often used by the press as an adjective applied to governments who are thought to be wasting public money. William Hogarth's A Rake's Progress displays in graphical form the downwardly spiralling fortunes of a wealthy but spendthrift son and heir who loses his money, and who as a consequence is imprisoned in the Fleet Prison and ultimately Bedlam.

Legal issues

References

^ William Herbert Page, The Law of Contracts, 2nd ed. (Cincinnati: W.H. Anderson Co., 1920), 2848-2849.
^ See ORS 126.335 (repealed Or. Stat. 1961, ch. 344, § 109). Oregon's unusual law resulted in a famous conflict-of-laws opinion: Lilienthal v. Kaufman, 239 Ore. 1, 395 P.2d 543 (1964).
^ Chandler v. Simmons, 97 Mass. 508, 514 (1867).
^ Olshen v. Kaufman, 235 Or. 423, 385 P.2d 161 (1963). This case involved the same defendant and was relied upon by the majority in Lilienthal. Both cases involved joint ventures for the sale of binoculars.

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Translations:

Spendthrift

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Dansk (Danish)
n. - ødeland
adj. - ødsel

Nederlands (Dutch)
iemand die met geld smijt, verkwistend

Français (French)
n. - dépensier
adj. - dépensier, dispendieux

Deutsch (German)
n. - Verschwender
adj. - verschwenderisch

Ελληνική (Greek)
n. - σπάταλος
adj. - άσωτος, σπάταλος

Italiano (Italian)
sprecone

Português (Portuguese)
n. - alguém que esbanja dinheiro
adj. - esbanjador (m), gastador (m)

Русский (Russian)
расточитель, расточительный

Español (Spanish)
n. - malgastador, derrochador, manirroto
adj. - malgastador, derrochador, manirroto

Svenska (Swedish)
n. - slösare
adj. - slösaktig

中文（简体）(Chinese (Simplified))
浪费的人, 浪费的, 挥霍无度的

中文（繁體）(Chinese (Traditional))
n. - 浪費的人
adj. - 浪費的, 揮霍無度的

한국어 (Korean)
n. - 돈 씀씀이 헤픈 사람, 낭비가, 재산을 탕진하는 방탕아
adj. - 돈을 헤프게 낭비하는, 방탕벽의

日本語 (Japanese)
n. - 金づかいの荒い人, 身代をつぶす者
adj. - 金づかいの荒い

العربيه (Arabic)
‏(الاسم) مبذر, مسرف (صفه) باسراف‏

עברית (Hebrew)
n. - ‮בזבזן, פזרן‬
adj. - ‮בזבזן, פזרן‬

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		American Heritage Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved. Read more
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