What is the meaning of white elephant?

Slang for property or a business that is so costly to maintain or operate that it is impossible to make a profit.

Barry Goldsmith
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APABarry Goldsmith. (2010). white elephant. Retrieved September 26, 2026, from http://smartdefine.org/white_elephant/definitions/1166493
ChicagoBarry Goldsmith. 2010. "white elephant" http://smartdefine.org/white_elephant/definitions/1166493 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, white elephant, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/white_elephant/definitions/1166493>.
MLABarry Goldsmith. "white elephant" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/white_elephant/definitions/1166493>
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