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    extravagancy
    [ikˈstravəɡ(ə)nsē]
    definition
    1. noun form of extravagance
    ex·trav·a·gance
    [ikˈstravəɡəns, ekˈstravəɡəns]
    noun
    extravagance (noun) · extravagances (plural noun)
    1. lack of restraint in spending money or use of resources:
      "his reckless extravagance with other people's money"
      • a thing on which too much money has been spent or which has used up too many resources:
        "salmon trout is an unnecessary extravagance"
      • excessive elaborateness of style, speech, or action:
        "the extravagance of the decor"
    Origin
    mid 17th century: from French, from medieval Latin extravagant- ‘diverging greatly’, from the verb extravagari (see extravagant).
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  1. the practice of spending more money than is necessary or reasonable, or something that is expensive and not necessary:
    dictionary.cambridge.org/dictionary/english/extrava…
    1. excessive or unnecessary outlay of money. 2. unrestrained excess, as of actions or opinions. 3. something extravagant.
    www.thefreedictionary.com/extravagancy
    adjective spending much more than is necessary or wise; wasteful: an extravagant shopper. excessively high: extravagant expenses; extravagant prices. exceeding the bounds of reason, as actions, demands, opinions, or passions. going beyond what is deserved or justifiable: extravagant praise. Obsolete. wandering beyond bounds.
    www.dictionary.com/browse/extravagant
     
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