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WordNet
frivol away

v. spend frivolously and unwisely; "Fritter away one's inheritance" [syn: fritter, dissipate, shoot, fritter away, fool, fool away]

Usage examples of "frivol away".

However, it swiftly became clear that there were any number of well-to-do guppies out there who were willing to frivol away their fortunes looking for a crate of hootch.