Meaning of WHITE ELEPHANT

Pronunciation:			wIt `elufunt
WordNet Dictionary
	Definition:		[n]  albinic Indian elephant; rare and sometimes venerated in east Asia [n]  a valuable possession whose upkeep is excessively expensive
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	See Also:		Elephas maximus, Indian elephant, possession
Webster's 1913 Dictionary
	Definition:		\White elephant\ Something requiring much care and expense and yielding little profit; any burdensome possession. [Slang]