Definition of fritters:
(n) :
A dish made by deep-frying food coated in batter.
(v) :
(intransitive, often with about, around, or away) To squander or waste time, money, or other resources; e.g. occupy oneself idly or without clear purpose, to tinker with an unimportant part of a project, to dally, sometimes as a form of procrastination.
(n) :
A fragment; a shred; a small piece.
(v) :
(transitive) To break into small pieces or fragments.
(v) :
(transitive) To cut (meat etc.) into small pieces for frying.
(v) :
(transitive) To sinter.