go down the khazi

slang "Khazi" is a slang word for "toilet." Primarily heard in UK.

1. To fail or be ruined or destroyed. My father's company is now going down the khazi because of the incompetent new CEO. You got a C average? Boy, your grades have really gone down the khazi this semester. We had big plans for our trip, but everything went down the khazi when that storm rolled in.

2. To be squandered or wastefully discarded. All of our savings have gone down the khazi ever since Jack had his little gambling spree in Las Vegas. I know my parents think that a lot of money went down the khazi when I got my degree in literature. If you ask me, your money goes down the khazi when you buy cheaply-made junk like this.