This is the 15345th most frequent Russian word.
потрачены
"Потрачены" means "spent."
In this case, 'потрачено' reflects the notion of time being allocated or expended, with a negative connotation of it not being used effectively.
Время на разговоры было потрачено зря.
Time spent on conversations was wasted.
The word 'потрачены' is the past passive participle form of the verb 'потратить', indicating that the funds have been expended or consumed for a specific purpose.
Все средства были потрачены на ремонт.
All funds were spent on renovation.
Here, 'потрачены' conveys the idea that the efforts have been utilized, with implications regarding their effectiveness or purposefulness.