'Profligacy' definitions:

Definition of 'profligacy'

(from WordNet)
noun
The trait of spending extravagantly [syn: extravagance, prodigality, profligacy]
noun
Dissolute indulgence in sensual pleasure [syn: profligacy, dissipation, dissolution, licentiousness, looseness]

Definition of 'Profligacy'

From: GCIDE
  • Profligacy \Prof"li*ga*cy\, n. [See Profligate, a.] The quality of state of being profligate; a profligate or very vicious course of life; a state of being abandoned in moral principle and in vice; dissoluteness. [1913 Webster]