luggard
/ˈlʌɡəd/; /ˈlʊɡərd/; /ˈlʌɡərd/Definitions
1. noun
A person who is idle, lazy, or unwilling to work; a person who is wasteful or extravagant.
“He was considered a luggard for spending his inheritance on lavish parties.”
2. verb
To use or waste something wastefully or extravagantly.
“The company lugged its profits by investing in expensive advertising campaigns.”