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3. burn a hole in (one's) pocket

burn a hole in (one's) pocket

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burn a hole in (one's) pocket

A phrase usually applied to money, suggesting that the person with the money feels the need to spend it quickly. My allowance is burning a hole in my pocket! I can't wait until school is over, so I can go buy some baseball cards! Don't let that bonus burn a hole in your pocket—save it up for something you really want.

See also: burn, hole, pocket