n.1.A spendthrift.
References in periodicals archive ?
This is how the South Wales Echo described the 1905 race: "Most Excellent from Glenrocky, Slipthrift and Crautacaun, with Sanguinetti last, showed the way for nearly two miles, when the leader dropped back to the rear and was soon pulled up.
"Six furlongs from home Crautacuan took a slight lead of Glenrocky and soon after Slipthrift fell, leaving Glenrocky to win by two lengths from Creolin with Sanguinetti a bad third.