Definition of money pit in English:

money pit

Syllabification: mon·ey pit

noun

informal
An ongoing drain on financial resources, such as a house in frequent need of costly repairs or improvement: your bargain fixer-upper need not become your money pit
More example sentences
  • Instead, he has been trapped in the money pits of a recession and two wars.
  • Blogs aren't generally money pits—they're time pits.
  • Obscure stocks can turn into little-known money pits, or they can transform your portfolio into a source of enduring pleasure.

Definition of money pit in:

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Word of the day bimble
Pronunciation: ˈbɪmb(ə)l
verb
walk or travel at a leisurely pace