8 letters · 18 points in Scrabble
verb spend thoughtlessly; throw away
verb spend extravagantly
originEarliest uses (late 16th c.) "to spend recklessly or prodigiously", also "to scatter over a wide area". Of unknown origin. Perhaps a blend of scatter + wander. Compare Danish skvætte (rare)/skvatte (“to splash”) (nominalised: skvæt), Icelandic skvetta (“to squirt”), Swedish skvätta (“to splash”), Norwegian Bokmål skvette.
Etymology from Wiktionary, CC BY-SA 3.0