noun an object that has no use or value to its owner but may have value to others
Used to criticize government projects or policies that are wasteful or ineffective, draining public resources without providing significant benefits
Describes a property that is expensive to maintain or difficult to sell due to its unique or undesirable characteristics
Describes a product or service that is not profitable or in high demand, leading to losses for the company
Refers to an asset or project that is costly to maintain and difficult to sell, often resulting in financial burden
Refers to a gift that is extravagant or impractical, often causing inconvenience to the recipient
In the publishing industry, a 'white elephant' may refer to a book that is expensive to produce but does not sell well, resulting in financial loss for the publisher.
In psychology, 'white elephant' can be used metaphorically to describe a problem or issue that is difficult to address or solve, similar to a white elephant being a burden or challenge to deal with.
In business analysis, 'white elephant' can refer to a project or investment that is costly and unproductive, providing little to no return on investment.
In marketing, 'white elephant' can describe a product or campaign that fails to generate interest or sales, despite significant resources being allocated to it.
In finance, 'white elephant' can be used to describe an asset or investment that is expensive to maintain and offers little to no financial return.