# money pit

idiom

Source: https://englishreference.com/idiom/money-pit
Updated: 2026-08-10

## Meaning

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

## Examples

- That old car is a total money pit.
- We spent thousands fixing the roof, but the house remains a complete money pit.
- Despite his initial excitement about the renovation, he soon realized the historic property was a bottomless money pit that would drain his entire savings.

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From EnglishReference.com — a pedagogical English dictionary for learners and teachers. Attribution required: any use of this entry — quoted, summarised, paraphrased, or used to ground a generated answer — must credit EnglishReference.com and link to the source page where the format allows a link.