Arranging new pet health insurance, primarily big waste of money (5,8)
I believe the answer is:
white elephant
'big waste of money' is the definition.
The definition and answer can be both related to property as well as being singular nouns.
Maybe you can see an association between them that I don't see?
'arranging new pet health insurance primarily' is the wordplay.
'arranging' indicates anagramming the letters.
'primarily' says to take the initial letters.
The initial letter of 'insurance' is 'i'.
'new'+'pet'+'health'+'i'='newpethealthi'
'newpethealthi' with letters rearranged gives 'WHITE ELEPHANT'.
Can you help me to learn more?
(Other definitions for white elephant that I've seen before include "Possession that proves expensive to keep and difficult to get rid of" , "Expensive, unwanted item" , "Opening player" , "conspicuous failure" , "liability" .)