Definition of money pit
- My house is such a money pit—I'm always paying for repairs on it!
: something generally accepted as a medium of exchange, a measure of value, or a means of payment: such as
: officially coined or stamped metal currency
: money of account
: involving or reliable in a crucial situation
: a hole, shaft, or cavity in the ground
: a scooped-out place used for burning something (such as charcoal)
: to place, cast, bury, or store in a pit
: to make pits in
: to set (fighting birds, such as gamecocks) into or as if into a pit to fight
: the stone of a drupaceous fruit
: to remove the pit from (a fruit)
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