1. The act of spending money in an extravagant or inefficient manner, without proper consideration or benefit
The government's wasteful spending on unnecessary projects angered the taxpayers.
Os gastos desperdiçados do governo em projetos desnecessários irritaram os contribuintes.
2. Expenditure that does not provide adequate value or return on investment
Wasteful spending in the corporate budget led to financial losses.
Os gastos desperdiçados no orçamento corporativo levaram a perdas financeiras.