Final answer:
The word "waste" is best matched by the term "squandering," as it specifically refers to wasting resources in a reckless or foolish manner. The correct answer is option d).
Step-by-step explanation:
The word "waste" can be associated with several terms that represent the act of using or spending something carelessly or without necessary restraint. When comparing the options provided: a) wasting, b) extravagance, c) prodigality, d) squandering, the closest match to "waste" would be d) squandering.
Squandering refers to the act of wasting resources, especially money or time, by using them in a reckless or foolish manner. Thus, it is directly related to the concept of waste. Both extravagance and prodigality could be loosely related as they imply spending more than necessary, often to the point of waste, but the word squandering captures the essence of waste most precisely among the listed options.