Definition:
: something that uses up money
Example:
"They are deeply attached to one another; but since her mother, a widow with considerable property under her own control, is a deeply stupid, griping, illiberal, avid, tenacious, pinchfist lickpenny, a sordid lickpenny and a shrew, there is no hope of marriage without his estate is cleared and he can make at least some kind of settlement upon her." Patrick O'Brian, H.M.S. Surprise, 1973
About the Word:
It's rare to find a word that is so metaphoric and poetic all by itself, but lickpenny (defined by the Oxford English Dictionary as "something that 'makes the money go') merits this description. It first entered the English language in the 15th century, as the title of a poem that has been attributed to John Lydgate.
