Meaning of “burn through sth” in the English Dictionary

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"burn through sth" in Business English

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burn through sth

phrasal verb with burn uk /bɜːn/ us verb past tense burned or UK also burnt

to spend money quickly:

The company is continuing to burn through the money it raised from investors earlier this year.

(Definition of “burn through sth” from the Cambridge Business English Dictionary © Cambridge University Press)