money pit

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money pit

noun money pits

idiomatic A possession or financial commitment, especially a building or vehicle, that creates substantial ongoing expenses, especially one whose costs are considered to be unsustainable. [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.

proper noun the money pit

capitalized, informal, sometimes A complicated, seemingly man-made excavation on Oak Island in Nova Scotia, Canada, rumored to contain pirate treasure and which has been repeatedly and unsuccessfully probed at great expense. In 1896 . . . work was again started with two engines and steam pumps, with the intention of pumping out the "money pit".

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noun Translations

Español	sacacuartos, sacadineros, sacaperras

name A financial commitment the costs of which are unsustainable

Français	gouffre financier, puits sans fond
Deutsch	Fass ohne Boden

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MLA

"money pit." Wiktionary, via Micwyn, micwyn.com/word/money%20pit. Accessed 6 Nov. 2026.

APA

money pit. (n.d.). In Wiktionary, via Micwyn. Retrieved November 6, 2026, from https://micwyn.com/word/money%20pit

Chicago

"money pit." Wiktionary, via Micwyn. Accessed November 6, 2026. https://micwyn.com/word/money%20pit.

BibTeX

@misc{money_pit_2026,
  title = {money pit},
  howpublished = {Wiktionary, via Micwyn},
  year = {2026},
  url = {https://micwyn.com/word/money%20pit},
  urldate = {2026-11-06}
}