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].