- waste
- ▪ I. waste waste 1 [weɪst] noun1. [uncountable] unwanted materials or substances that are left after a particular process:
• The factory's byproduct waste is used to feed pigs.
• illegal disposal of hazardous waste
• Our primary business is industrial waste collection, treatment and disposal services.
• government guidelines for toxic waste disposal
2. [singular, uncountable] things such as money or skills that should be used effectively, but are not:• Try as he might, the new manager couldn't overcome the waste and inefficiency that had plagued the plant for years.
• Sales of natural gas at present prices would be a waste of company assets.
— waste adjective [only before a noun] :• the recycling of waste materials
[m0] ▪ II. waste waste 2 verb [transitive]to use more of something, especially time or money, than you need to, or use it in a way that is not sensible:• A prominent economist has suggested that the government wasted $200 billion during the oil-price boom.
• We waste a lot of time and legal fees on defending our trademarks rather than tending to business.
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Ⅰ.waste UK US /weɪst/ noun► [S or U] an unnecessary or careless use of resources or skills: a waste of money/resources/time »The meeting was a complete waste of time.
»All departments have been instructed to avoid waste.
► [U] materials or substances with no use or value, for example, ones that are produced when other products are being made: »the disposal of waste
hazardous/radioactive/toxic waste »The company was charged with illegally disposing of toxic waste.
»household/industrial waste
Ⅱ.waste UK US /weɪst/ adjective [before noun]► left after what is valuable has been used, and no longer needed: »the collection and recycling of waste materials
Ⅲ.waste UK US /weɪst/ verb [T]► to use more money, time, resources, etc. than is needed: »The board decided it could not waste any more time and money developing the product.
► to not use something in an effective way: waste a chance/effort/opportunity »Oftel had the chance to create real competition to BT but it has wasted the opportunity.
»wasted skills/talent
Financial and business terms. 2012.