What is extravagance in expenditure, particularly of money; excessive liberality; profusion; waste; -- opposed to frugality, economy, and parsimony."The prodigality of his wit." Dryden called?

prodigality — Extravagance in expenditure, particularly of money; excessive liberality; profusion; waste; -- opposed to frugality, economy, and parsimony."The prodigality of his wit." Dryden. (Webster's 1913.)