Meaning of the word profligacy in English

What does profligacy mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

profligacy

US /ˈprɑː.flɪ.ɡə.si/
UK /ˈprɒf.lɪ.ɡə.si/

Noun

1.

reckless extravagance or wastefulness in the use of resources

Example:
The government was criticized for its financial profligacy.
His profligacy led to his eventual bankruptcy.
2.

licentious or dissolute behavior

Example:
His life of profligacy shocked his conservative family.
They accused him of moral profligacy.