Squander is a verb which means to waste. We usually use it with money, opportunity or other resources, and the concept is to waste these things with a bad result. Here are some examples:
He quickly squandered all the money he had received from his father.
This meeting is important for us and we don't want to squander the chance to get this client.
If she hadn't squandered the opportunity she had to learn new skills, maybe she would have a better job today.
"This is a great opportunity for you... Don't squander it!"
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