Washout (noun)

1. An instance of heavy rain that causes flooding or road closures.
2. A failure or disappointment.

Origin:

The word "washout" comes from the verb "wash out" which means to carry away or remove by washing. it is also related to the noun "wash" which means an instance or act of washing or cleaning.

Examples:

1. The concert was a washout, with only a handful of people showing up.
2. The heavy rain caused a washout on the highway, making it impossible to drive through.
3. The baseball game was a washout due to the inclement weather.
4. The washout of the river banks caused the nearby houses to flood.
5. The project was a washout, with no real progress made in the end.