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Noun: white elephant  'wIt'e-lu-funt
  1. A valuable possession whose upkeep is excessively expensive
    "The old mansion became a white elephant for the city, costing more to maintain than it was worth"
     
  2. Albinic Indian elephant; rare and sometimes venerated in east Asia
    "The white elephant was considered a sacred animal in the kingdom"

Derived forms: white elephants

Type of: Elephas maximus, Indian elephant, possession

Encyclopedia: White elephant