1.
If an organization gobbles up a smaller organization, it takes control of it or destroys it.
Banc One of Ohio has built an empire in the mid-west by gobbling up smaller banks.
PHRASAL VERB: V P n (not pron), also V n P
2.
To ~ something such as money means to use or waste a lot of it.
The firm’s expenses gobbled up 44% of revenues.
PHRASAL VERB: V P n (not pron), also V n P
3.
see also gobble