1. A business venture which one spends vast amounts of money on, and recieves no returns from it.
2. An object or item which one spends a lot of money on, especially if the item or object does not serve its purpose correctly.
1. "Ron poured 40 grand into a donkey of his and now he's crying poor."
"I bought this 16 inch thermo-fan for my Datsun but it doesn't fit. I think it's a donkey."
"What did it cost you?"
"Not willing to tell."
Prices shown in USD.
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