black hole - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “black hole”

See all translations

black hole

noun [C]
 
 
COMMERCE an activity or organization on which very large amounts of money are spent but which does not produce any profit or useful result: Fears that the operation would be a black hole proved well-founded.
FINANCE, ACCOUNTING a large amount of money that is owed by a company or government: black hole in sth Taxes will have to rise to fill a black hole in the public finances.
(Definition of black hole from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of black hole?
Add Cambridge dictionaries to your browser to your website

Definitions of “black hole” in other dictionaries

Word of the Day

intellectualize

to think about or discuss a subject in a detailed and intellectual way, without involving your emotions or feelings

Word of the Day

What’s All The Commotion About? (Words to describe sounds)

by Kate Woodford,
May 20, 2015
​​​ In this post we look at a range of words and phrases that we use to describe noise and the absence of noise. Starting with complete quiet, we sometimes use the noun hush to describe silence: A hush fell over the room as the bride walked in./There was a deathly hush (=complete

Read More 

plyscraper noun

May 18, 2015
a skyscraper made mainly from wood The development of engineered timber could herald a new era of eco-friendly ‘plyscrapers’. Christchurch welcomed its first multistorey timber structure this year, there are plans for Vancouver, and the talk is China could follow

Read More