Vocabulary Builder — Essay & Answer Writing
Profligacy
noun
/ PROF-lih-guh-see /
Hard
Meaning
Reckless extravagance or wasteful spending; licentious or wildly immoral behaviour.
Origin / Etymology
Latin profligare (to ruin, to strike down), from pro- (forward) + fligere (to strike)
Synonyms
Extravagance
Wastefulness
Excess
Antonyms
Frugality
Thrift
Austerity
Example Sentence
"The Fiscal Responsibility and Budget Management (FRBM) Act was enacted precisely to curb fiscal profligacy, mandating that the central government maintain its fiscal deficit within 3% of GDP."
🎯 UPSC Usage
Use in GS3 Economy answers on fiscal policy, public expenditure management, and debt sustainability. Also relevant when discussing populist economic measures and their long-term costs. Contrasts with 'austerity' in GS3 answers on fiscal consolidation.