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One who spends money profusely and improvidently, thereby wasting his or her estate.

Under various statutes, a spendthrift is a person who wastes or reduces her estate through excessive drinking, gambling, idleness, or debauchery in a manner that exposes that individual or her family to indigence or suffering or who exposes the government to expense for the support of that person or her family.

When authorized by law, a guardian can manage a spendthrift's property. The purpose of the guardianship is to protect the ward and her property from her wasteful habits. Statutes that provide for the guardianship of spendthrifts are based on the right of the government to protect the property of its citizens for the benefit of themselves and their families and the community.


Spendthrift Trust.

See: improvident, prodigal, profligate, profuse

SPENDTHRIFT. By the Rev. Stat. of Vermont, tit. 16, c. 65, s. 9, spendthrift is defined to be a person who by excessive drinking) gaming, idleness or debauchery of any kind, shall so spend, waste, or lessen his estate as to expose himself or his family to want or suffering, or expose the town to charge or expense, for support of himself or family.

References in periodicals archive ?
will spend March working with the Scattergood Foundation and Jane Addams Place on an implementation plan and crowdfunding campaign to bring the winning design to life.
We are pleased to welcome Boenning & Scattergood to our list of approved Corporate Brokers for banks on our OTCQX marketplace," said R.
In chapter ten Scattergood returns to issues of ownership and circulation of medieval manuscripts in a fascinating analysis of the connection(s) between the Massy family of Cheshire and the writing of Middle English alliterative poetry (Sir Gawain and the Green Knight and the alliterative St Erkenwald in BL MS Harley 2250).
Each of the 80 students and teachers at Scattergood recycles and composts about five pounds of material every week, which adds up to about 10.
but whenever Mulholland's aqueduct ran downhill, Scattergood stuck a turbine at the bottom.
As Scattergood himself said, "the law is the law," and he broke it, persistently.
Mike and I believe that Boenning & Scattergood is perfectly suited to help our clients in the years ahead, and we are very excited to join their team," added Crowley.
David wrote a letter to us with a suggestion of a lamp, to remember the meeting Jack Hughes, William H Price, George Matthews and William Scattergood had in 1874.
Operating since 1974, Scattergood s 460-megawatt Unit 3 conventional steam boiler is to be phased out by the LA utility, and would be replaced with technology from GE, including gas turbines.
Tragic Anne Scattergood was being brought by ambulance from Beaumont Hospital to the Mater in Dublin in July 2009 when an intra-aortic balloon pump machine stopped working.
Following the resignation of Dale Belford, number two Steve Scattergood and the departure of several of the first-team squad, prior to the Arlesey trip, Adders had to move quickly to sign new players in time to make the trip to Bedfordshire.
Scattergood (English literature, Trinity College, Dublin, emeritus) has gathered together several of his previously published papers, with some revisions, for this volume.