Given to extravagant expenditure; expending money or other things without necessity; recklessly or viciously profuse; lavish; wasteful; not frugal or economical; as, a prodigal man; the prodigal son; prodigal giving; prodigal expenses.
source: Webster 1913
noun
a recklessly extravagant consumer
source: WordNet 3.0
One who expends money extravagantly, viciously, or without necessity; one that is profuse or lavish in any expenditure; a waster; a spendthrift.