1387, from M.L. extravagantem, originally a word in Canon Law for uncodified papal decrees, prp. of extravagari "wander outside or beyond," from L. extra "outside of" + vagari "wander, roam." Extended sense of "excessive, extreme" first recorded 1599; that of "wasteful, lavish" 1711. Extravaganza is a 1754 borrowing of the It. version of the word, meaning "peculiar behavior" at first; sense of "fantastic performance" is 1794.