Word For The Day

I love to learn new words.  Today I was reading and came across the word 'profligacy'.  I found the word in this quote: "Every generation has a challenge, and this, I think, is ours: to foot the bill for yesterday's profligacy - and to create instead an authentically, sustainably shared prosperity. -Umair Haque.  Profligate: -> adj. 1. Given over to immorality; dissolute.  2. Recklessly wasteful; extravagant. -> n. A profligate person.