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DISSIPATION

Definition:

[noun] breaking up and scattering by dispersion; "the dissipation of the mist"
[noun] dissolute indulgence in sensual pleasure
Synonyms: profligacy, dissolution, licentiousness
[noun] useless or profitless activity; using or expending or consuming thoughtlessly or carelessly; "if the effort brings no compensating gain it is a waste"; "mindless dissipation of natural resources"
Synonyms: waste, wastefulness