money pitnoun [ C ]
/ˈmʌn.i ˌpɪt//ˈmʌn.i ˌpɪt/informalsomething on which you keep having to spend a lot of money, especially when it may be a waste of money:
We don't want the project to become a money pit.
Old houses can become money pits for their owners.
More examples
- Some people think the Olympic Games is a money pit and not worth the bother.
- Children are a never-ending money pit.
- Where others saw a money pit, he saw opportunity.
Thesaurus: synonyms and related words
Costing too much
- break
- capital intensive
- cheap
- cost
- cost an arm and a leg/a small fortune idiom
- costly
- daylight robbery
- exorbitant
- highway robbery
- knock
- knock sb back (sth)
- not come cheap idiom
- odds
- over the odds idiom
- overcharge
- pretty
- price fixing
- set sb back (sth)
- steep
- stiff
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