noun

extravagance

extravagance, wastefulness, luxury, excess

His extravagance led him to bankruptcy.

His extravagance led him to bankruptcy.

Buying a yacht is an extravagance.

Buying a yacht is an extravagance.

((uncountable)) the quality of spending too much money. His extravagance led him to bankruptcy.

an ((countable)) something expensive that you buy even though you do not need it. Buying a yacht is an extravagance.

Synonyms: wastefulness, luxury, indulgence; Antonyms: frugality, thrift, economy

From Latin 'extra-' (outside) + 'vagari' (to wander). The idea is of 'wandering beyond' the bounds of reason or moderation.

Think 'extra vagabond' - someone wandering around spending extra money without limits.

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