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dilapidation (n.)

mid-15c., dilapidacioun, "wasteful expenditure, squandering;" late 15c., "state of disrepair, gradual ruin or decay, especially through misuse or neglect," from Late Latin dilapidationem (nominative dilapidatio) "a squandering," noun of action from past-participle stem of Latin dilapidare "throw away, squander, waste," probably etymologically "scatter like stones," from dis- "asunder" (see dis-) + lapidare "throw stones at," from lapis (genitive lapidis) "stone" (see lapideous). "Taken in Eng. in a more literal sense than was usual in Latin" [OED].

Origin and meaning of dilapidation

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Definitions of dilapidation from WordNet

dilapidation (n.)
a state of deterioration due to old age or long use;
Synonyms: decrepitude
dilapidation (n.)
the process of becoming dilapidated;
Synonyms: ruin
From wordnet.princeton.edu