Meaning of the word "throw good money after bad" in English

What does "throw good money after bad" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

throw good money after bad

US /θroʊ ɡʊd ˈmʌn.i ˈæf.tər bæd/
UK /θroʊ ɡʊd ˈmʌn.i ˈæf.tər bæd/
"throw good money after bad" picture

Idiom

1.

to waste money by spending more on something that has already been unsuccessful

Example:
Investing more in that failing business would be like throwing good money after bad.
She realized she was just throwing good money after bad trying to fix the old car.
Learn This Word at Lingoland