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white elephant |
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White Elephant An investment, especially in real estate, that is expensive, unprofitable, and difficult to sell. An example is a house that is overbuilt for its neighborhood. A white elephant is perhaps one of least desirable investments possible. white elephant Like the legendary white elephants of India, a property that is expensive to maintain, doesn't return any particular value, and can't realistically be sold to anyone else. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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