Vocabulary Word
Word: improvident
Definition: thriftless; not providing for the future
Definition: thriftless; not providing for the future
Sentences Containing 'improvident'
This complaint, however, of the scarcity of money, is not always confined to improvident spendthrifts.
Such nations are always strangers to every sort of luxury, and great wealth can scarce ever be dissipated among them by improvident profusion.
Like an improvident spendthrift, whose pressing occasions will not allow him to wait for the regular payment of his revenue, the state is in the constant practice of borrowing of its own factors and agents, and of paying interest for the use of its own money.
The fund becoming in this manner altogether insufficient for paying both principal and interest of the money borrowed upon it, it became necessary to charge it with the interest only, or a perpetual annuity equal to the interest; and such improvident anticipations necessarily gave birth to the more ruinous practice of perpetual funding.
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