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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.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

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.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
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The researchers investigated whether OECD countries that spend less on social services spend more on health care and if increases in social spending are associated with decreases in health care spending.
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Millennials' increased spending on leisure activities versus a year ago and versus other generations is intriguing, as it suggests they might be starting to free up their bank accounts and spend more on nonessentials.
Overall, hotels witnessed a four per cent growth in spends in 2015 vs 2014, however the per purchase spend declined this year, indicating a lower Revenue per Available Room (RevPAR) of hotels in the UAE.
Ryan Downton raised $68,835 and spend $236,380; he had $332,064 at year-end, along with loan balances of $560,250.
Because the local property tax base is typically higher in areas with higher home values, and there are persistently high levels of residential segregation by socioeconomic status, heavy reliance on local financing enabled affluent districts to spend more per student.
The third and fourth biggest spend tourists were by UK (9%), China (4%) and Kuwait (3.4%).
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