wastrel: divide it into 2 parts,WASTE+REL ,so that it will imply that,the employs of RELiance has WASTEd all the capitals of the firm.It means that the employs of the RELiance are PROFLIGATE.
waste reliance...wastrel....he was wasting money as he had got job in reliance
Wastrel = waste + rel (relatives); waste relative means relatives are going to scattered or dissipated.
wastrel is one who is going to waste in rail.
waste relations,A wasteful or good-for-nothing person. -wastrel
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