money pit

noun

: something that uses up a very large amount of money

My house is such a money pit—I'm always paying for repairs on it!

Examples of money pit in a Sentence

Recent Examples on the Web

Sure, a dream home could be a money pit that requires a steady stream of constant upgrades and expensive fixes that were never indicated in the original listing. —Michelle Mastro, Architectural Digest, 18 Oct. 2024

Nor does being an early adopter mean much; indeed, that can become a money pit if the investments are in tech alone. —Rodney Zimmel, Fortune, 24 Sep. 2024

The unwinding of its Main Street businesses has lost the firm millions in recent quarters — but the maintenance of those same products has also proven to be a money pit. —Rocio Fabbro, Quartz, 10 Sep. 2024

The homeless industrial complex now joins the bullet train debacle as a taxpayer money pit. —Letters To The Editor, The Mercury News, 16 May 2024

The sporting spectacular is a notorious money pit, and climate change has curtailed the number of sites capable of hosting. —Hannah Schoenbaum, Quartz, 10 Apr. 2024

The building, vacant for four years, has proved to be a money pit. —Jennifer Van Grove, San Diego Union-Tribune, 1 Mar. 2024

Looking turned into many conversations: Would this historic home be a money pit? —The Indianapolis Star, 29 Jan. 2024

The best evidence of that is the fact that the private owners of the track are willing to give it away as part of this boondoggle, saddling local government with another money pit — worse than its catastrophic investment in the downtown Hilton Hotel. —Reader Commentary, Baltimore Sun, 25 Jan. 2024