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From: MDBG CC-CEDICT Chinese-English Dictionary 漢英字典

 揮金如土 [ㄏㄨㄟ ㄐㄧㄣ ㄖㄨˊ ㄊㄨˇ; hui1 jin1 ru2 tu3]
 lit. to squander money like dirt
 extravagant
 to spend money like water
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