bleed

/bliːd/ verb [I or T]

Definition

› 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 verb from the Cambridge Business English Dictionary © Cambridge University Press)