Extravagance is the spending of more money than is reasonable or than you can afford. When the company went under, tales of his extravagance surged through the industry. An extravagance is something that you spend money on but cannot really afford.

What is the meaning of extravagance '?

1a : an instance of excess or prodigality specifically : an excessive outlay of money. b : something extravagant a new car is an extravagance we can't afford. 2 : the quality or fact of being extravagant the extravagance of the decorations.

What is the root word of extravagance?

In Latin, the root word extravagari means "wander outside or beyond," and originally extravagance was used to describe something that was unusual — "wandering outside" the norm. It wasn't until the 1700s that the word became associated specifically with spending too much money.