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.
Acknowledging that Object A is inferior to Object B in every way, yet preferring Object A. The phrase was coined on Family Guy when Peter Griffin used it in part to explain why he did not like The Godfather.
Atlanta's got no chance against Boston, but hey, I'm loving The Money Pit on this one. Atlanta in 6.
Similar to the Mancave (see mancave) the Monkey Pit is the shit. Stocked with XBOX, PS2, and a constant supply of beer, the Monkey Pit is the only true refuge available to the students of Embry-Riddle, Daytona Beach. The monkey pit is like Isla de Muerta from Pirates of the Carribean...only those who have been there can find it.
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.