Fritter away phrasal verb informal
To waste something foolishly.
Peter kept frittering away all of the money that he had won in the contest.
Come on, don't fritter away your time! Back to work!
It is rumoured that he frittered the company funds away on gambling.
Time is running out.
If something goes down the chute, it is destroyed or wasted.
To spend money wastefully
1. To discard something.
2. To waste or not make use of something well.
3. To say something offhandedly.
4. To deliberately throw an incomplete football pass.
The verb "fritter" should be conjugated according to its tense.
To quit; to give up, stop doing something because you know that you cannot succeed; admit defeat
The team is not going to throw in the towel just because they lost one game.