Money pit
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British pronunciation/mˈʌnɪ pˈɪt/
American pronunciation/mˈʌni pˈɪt/

Definition & Meaning of "money pit"

Money pit
01

used to refer to something on which one keeps spending more and more money

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money pit definition and meaning

What is the origin of the idiom "money pit" and when to use it?

The idiom "money pit" comes from the world of real estate and construction. This phrase is used to describe a situation or investment that consistently drains a large amount of money without providing significant returns or improvements.

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Example
examples
The vintage car he bought became a money pit, as it needed frequent repairs and costly spare parts.
The ambitious startup turned into a money pit, with investors pouring funds without seeing any profit.
The old house they bought turned out to be a money pit, as it required constant repairs and renovations.
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Definition & Meaning of "Money pit"
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