sinkhole

/ˈsɪŋkhoʊl/
noun
  1. A hole in the ground caused by the collapse of the surface layer, often due to water erosion underground.
    • The town evacuated several homes near the growing sinkhole.
    • Geologists study sinkholes to understand underground water systems.
    • A large sinkhole opened up in the middle of the road after the heavy rains.
  2. A situation or activity that consumes a large amount of money or resources without producing useful results.
    • Investors warned that the project was a sinkhole for taxpayer money.
    • The old factory had become a financial sinkhole, draining the company's profits.
    • Without proper planning, the renovation could turn into a sinkhole of time and effort.
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