DEFINITION: v., To believe you're saving money by buying things which are on sale even if you don't really want or need them. n., A person who believes they are saving their money whenever they buy something on sale.

Squanderloss

Created by: TJayzz

Pronunciation: Skwan-der-loss

Sentence: Jim got a little carried away when he saw that a leading brand of shampoo and conditioner was being offered at half price. Always one to save a bit of money he bought the whole stock. It wasn't til he got home that he remembererd that he had been completely bald for the past four years. He spent the rest of the day ringing round friends and family members trying to offload 'his bargain' as he could no longer get into his spare room due to the huge number of boxes that had been delivered.

Etymology: Squander( to waste(money) in a reckless or foolish manner) + Loss(to make less money than is originally spent) = Squanderloss

Points: 761

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