Spend″thrift′ (?), n. One who spends money profusely or improvidently; a prodigal; one who lavishes or wastes his estate. Also used figuratively.
A woman who was a generous spendthrift of life. Mrs. R. H. Davis.
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Webster's Dictionary 1913
Webster's Revised Unabridged Dictionary, C. & G. Merriam Co., 1913.