Fritter (verb)

1. To spend or waste (time, money, or resources) in a frivolous or aimless way.
2. To divide or break into small pieces.

Origin:

Late 16th century (as a noun): from obsolete fritour, from old french friture "frying", from frire "to fry".

Examples:

1. He frittered away his fortune on frivolous pursuits.
2. She frittered away her days on social media.
3. He frittered away his savings on gambling.
4. She frittered the dough into small pieces before frying.
5. The meat was frittered into small chunks before being used in the stew.