go down the drain(redirected from going down the drain)
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Related to going down the drain: wash off, lined up, soaks up
go down the drain
To fail; to be ruined or destroyed; to be squandered or wastefully discarded. My father's company is now going down the drain because of the incompetent new CEO. All of our savings have gone down the drain ever since Jack had his little gambling spree in Las Vegas.