Top Definition
Something of value, which, for some reason or another, has continued to absorb considerable amount of payments due to its continuing failure to live up to expectation.
That's the third time I had to bring in my car. It's become a real money pit.
Por penguintruth 27 de octubre de 2008
2 more definitions
1. A Volkswagen, any GM product, or a gold digger girlfriend.

2. Something to throw money into without any appreciable return.

3. RIT
"Marque went to RIT for four years, and all he has to show for it is a nasty rash."
Por DedGuyWalkin 28 de enero de 2004
A massive non stop waste of money that you regret severely in hind sight
Buying a car while living in NYC
money pit
Por da_troof 17 de mayo de 2015

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