(1):

(n.) A dissolute course of life, in which health, money, etc., are squandered in pursuit of pleasure; profuseness in vicious indulgence, as late hours, riotous living, etc.; dissoluteness.

(2):

(n.) The act of dissipating or dispersing; a state of dispersion or separation; dispersion; waste.

(3):

(n.) A trifle which wastes time or distracts attention.