Money pit
volume
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

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.

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