Dissipation

[n] 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"
[n] dissolute indulgence in sensual pleasure
[n] breaking up and scattering by dispersion; "the dissipation of the mist"

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Book: Reflection on the Important Things

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