money pit definition

  • noun:
    • A possession or economic commitment that creates significant ongoing costs, specifically one whose costs are regarded as being unsustainable.
    • Long-standing nickname of a complicated, seemingly man-made excavation on Oak Island in Nova Scotia, Canada, rumored to contain pirate resource and which was over and over and unsuccessfully probed at great expenditure.

Related Sources

  • Sentence for "money pit"
  • Urban Dictionary for "money pit"
    • some thing of price, which, for…
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