dissipation

dissipation, n. The use of an asset for an illegal or inequitable purpose, such as a spouse’s use of community property for personal benefit when a divorce is imminent. [Cases: Divorce 252.3(1). C.J.S. Divorce §§ 514–519, 527, 529, 553, 555, 560–561, 563, 565, 567–568, 570–571.] — dissipate, vb.
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