Squander food? (7)
I believe the answer is:
fritter
I believe this is a double definition.
'squander' is the first definition.
(I know that fritter is a type of squander)
'food?' is the second definition.
(a fried food)
(Other definitions for fritter that I've seen before include "Squander - food" , "Battered item" , "bit of batter" , "Item cooked in batter" , "Piece of meat, etc., coated in batter and fried" .)