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English definition of “bleed”

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bleed

verb [I or T]
 
 
/bliːd/
FINANCE, ACCOUNTING to lose a lot of money, or to make this happen: The newspaper is bleeding money and is now almost €150 million in the red.bleed sth from sth The energy crisis is estimated to be bleeding $1.4 billion a month from the region's economy.
bleed sb/sth dry disapproving to take all or most of the money of a person, organization, country, etc.: Unfair trade bleeds countries dry through repayments of national debts.
(Definition of bleed from the Cambridge Business English Dictionary © Cambridge University Press)
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