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The word "floccinaucinihilipilification", (also spelt "floccipaucinihilipilification") is known for being that famous flocky nocky long word but seldom is the meaning of the word floccinaucinihilipilification looked into. But it has a meaning which is quite topical in the current age, and can be used in-context with a bit of practice.
Floccinaucinihilipilification means: the act of estimating as worthless (or of low value). Quite a useful word in a world of the disposable where there is far too much waste. In a world where there is far too much floccinaucinihilipilification about, "recycling makes sense" as they say at Boston Borough Council!
It's generally best to have an antifloccinaucinihilipilificationalist philosophy and to consider just about anything as having value. Old computers are known for being prime targets for being floccinaucinihilipilificated, whereas they could be reused as a Beowulf cluster! Another floccinaucinihilipilification-related fact is that when people move house they often get a "skip mentality" where they throw away all sorts of stuff which is of value. This fact can be exploited by the opportunist, upon spotting someone is moving house, it's possible to offer to take away all the stuff they have put in the black bags. Though the people may assume madness, it is often a misplaced assumption, as it is their rash floccinaucinihilipilification which results in the opportunist acquiring items of value which have been floccinaucinihilipilificated in error!
Floccinaucinihilifilification and wastage of food is a SIN says the atheist. Institutions that waste food are doing wrong and should improve their policies so they stop doing it!
Also see Hoarders, who have the virtue of avoiding throwing anything away. Well Done to them!