dissipation

noun

1.
breaking up and scattering by dispersion
Derived from:
dissipate
2.
dissolute indulgence in sensual pleasure
dissolution licentiousness looseness profligacy
Derived from:
dissipate
3.
useless or profitless activity; using or expending or consuming thoughtlessly or carelessly
misspending waste wastefulness
Derived from:
dissipate