Definition
A possession or financial commitment, especially a building or vehicle, that creates substantial ongoing expenses, especially one whose costs are considered to be unsustainable.
In Context
- "[T]he district does not want to hold on to the nearly 50-year old^([sic]) school for very much longer, as it has outlived its usefulness and has become a money pit."
- "Critics lambasted the building's design, the art collection and Mr. Hartford, whose gallery became a money pit. Within a year he was nosing around for a partner or buyer."
- "Close to two decades past deadline and now carrying a projected $100 billion price tag, it has not returned a lick of good science — nor is it likely to."
See Also
- time sink