fleapit definition by Webster's New World
Webster's New World College Dictionary Copyright © 2010 by Wiley Publishing, Inc., Cleveland, Ohio. Used by arrangement with John Wiley & Sons, Inc.
a public place, esp. a hotel or theater, that is cheap, run-down, inferior, etc.
fleapit definition by American Heritage Dictionary
noun Chiefly British Slang
A cheap or squalid theater.