rathole

rat hole |ˈratˌhōl ˈrætˌhoʊl | ▶noun 1 informal a cramped or squalid room or building. 2 informal used to refer to the waste of money or resources: pouring our assets down the rathole of military expenditure. ▶verb [ with obj. ] informal hide (money or goods ), typically as part of a fraud or deception.

rathole

rat |hole |ˈrathəʊl | ▶noun 1 informal a cramped or squalid room or building. 2 N. Amer. informal used to refer to the waste of money or resources: pouring our assets down the rathole of military expenditure. 3 (in the oil industry ) a shallow hole drilled near a well to accommodate the drill string joint when not in use. • a small hole drilled at the bottom of a larger hole. ▶verb [ with obj. ] N. Amer. informal hide (money or goods ), typically as part of a deception.