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money pit

money pit

6 7.3
A thing like a house or boat that always needs a lot of money for repairs
  • noun
  • /ˈmʌni pɪt/
  • Informal
translation icon : pozo sin fondo
  • She's very vocal about her ideas and can clearly state why MLMs are dangerous money pits.
  • a bottomless money pit
  • turn into a money pit

Massive output of expenses, massive money pits, right?

Examples

  • I am sinking fast into the money pit, and I don't want to drag you down with me.

  • And I fear that if people continue to dismiss college as a money pit with little value, a trade school approach will trump what could be four years of exploring history, philosophy, consciousness, and society.

    Blog text (15)
  • Turned out to be a real money pit.

  • You know this place is a money pit.

  • Ever heard of the money pit?

    Blog text (12)
  • That one was a money pit from the beginning.

    Fiction book (1998)
  • The town doesn't want to own the property either because it's a money pit.

    Blog text (2)
  • Farmer Brown said it's like a bottomless money pit in there.

  • Many residents of sprawling suburbs spend more on their cars than their houses, and those of us living closer in can ditch that money pit of a car and spend more on housing instead.

    Blog text (1)
  • Two years ago, the newlyweds bought a 90-year-old house that quickly turned into a money pit.

Synonyms

bottomless pit
vsmoney pit
  • Informal
3 6.3

A situation that always needs more money or help

refers specifically to a possession needing constant costly repairs

How Costly

black hole
17 5.5
money pit
  • Informal
6 7.3
white elephant
  • Informal
1 6.1
money down the drain
  • Informal
2 4.2

Surface Forms

money pit singular
money pits plural

Morphology

money + pit

The meaning — something that continually 'swallows' or consumes large amounts of money — is inferable from 'money' plus the metaphorical sense of 'pit' as a hole that swallows or traps; this mapping is fairly accessible. However, the sense is a metaphorical extension rather than strictly compositional, so a B1 learner may only partially predict the exact nuance without prior exposure.

Etymology

Money pit comes from the image of a deep hole where you keep throwing money and it is swallowed by the pit. That's why it now means 'a property or thing that always needs repairs and keeps costing a lot of money'.