Simple past tense and past participle of squander.(verb)
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Use "squandered" in a sentence
"Otherwise we Democrats have once again squandered a great opportunity. greg D"
"The Wizards took the second chance and again squandered it, with Nick Young missing a jumper from the top of the key."
"Meaning that if you speculate and are backed by the feds, and fail, one could very easily make the argument that large amounts of capital being squandered is a form of theft."